Word: sharpers
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Dates: during 1970-1970
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John Gardner has been an academic, a Government adviser, a federal administrator and a foundation executive. Through it all, he has also been a social and political gadfly. Last week the former Secretary of Health, Education and Welfare announced that he was searching for broader wings and a sharper bite. To that end, he plans to organize a citizens' group that would attempt to influence and reform atrophied, unresponsive political institutions...
Ruefully, Rinfret concedes: "That got me a lot of bad publicity." Even so, he still defends that forecast as technically accurate, because classic recessions have involved, for example, sharper rises in unemployment and declines in production than the U.S. has experienced. But of late he has vacillated. "The only way to solve inflation is by a recession," he wrote two months ago, "and that is the way we seem to be heading." After President Nixon's latest speech on the economy, Rinfret again changed his mind. "It was a turning point in economic policy," he says. "The odds modestly...
...Harris Trust & Savings Bank and a member of TIME'S Board of Economists, calculates that industrial production is likely to drop an additional 4% even if the Federal Reserve begins now to expand money supply at a 5% annual rate, and that the decline will be sharper if the money expansion is less...
Trow's conclusions are pessimistic. He forecasts more repressive sanctions by the public and the authorities against disruptions within the university, a greater migration of scholars out of the university and into research foundations, a sharper distinction than ever before between "service," and scholarly institutions, and the evolution of a new kind of undergraduate education for those students who demand "relevance" -students who, in his view, do not belong in college anyway...
...Senate candidates. Among the scheduled speakers: Ramsey Clark, I. F. Stone and Julian Bond. The cartoon was hardly a contribution to the national debate, and few other countries in the world would casually allow their Chief of State to be depicted so contemptuously. But the U.S. presidency has survived sharper lampooning. Actually, the present instance might have been worse. The artist, Robert Grossman, originally had the whole crew walking along naked. The Times rejected that version on grounds of taste, so Grossman airbrushed in the topless skivvies...