47.6 percent (relative to the average of currencies of 15 nations belonging to the Organization for Economic Cooperation and Development),
The dollar's strength, Sinai contends, promoted a surge of imported goods in the United States and a slackening of exports (down $57.5 billion since 1982). Faced with competition from manufacturers abroad, many U.S. businesses (especially in the auto and electronics industries) sought to lower their overhead and production costs by, among other things, raising...
John E. Schwrx iind Thomas J. Voln, in At the 1970s Harvaix/ ~insinvssRet'ivul (~ct.1985), I-lac-
~ird Univ. Graduate School of Business Ad-
ministrtition, Boston, Mass. 02163.
According to the conventional wisdom, America's economy slumped dur- ingtthe 1970s: Falling prey to high rates of interest, unemployment, and inflation, American industries stagnated.
Not quite, say Scliwarz and Volay, political scientists at the University of Arizona. They argue that America's troubles were "misdiagnosed,"...
John E. Schwrx iind Thomas J. Voln, in At the 1970s Harvaix/ ~insinvssRet'ivul (~ct.1985), I-lac-
~ird Univ. Graduate School of Business Ad-
ministrtition, Boston, Mass. 02163.
According to the conventional wisdom, America's economy slumped dur- ingtthe 1970s: Falling prey to high rates of interest, unemployment, and inflation, American industries stagnated.
Not quite, say Scliwarz and Volay, political scientists at the University of Arizona. They argue that America's troubles were "misdiagnosed,"...
Michael Rutter in 1979 (Fifteen Thot[-s-a;zdHours) and James Coleman in 1982 (HighSchool Achievement) demonstrated to Americans that schools can-and therefore should-instill discipline and responsible behavior in their students. And America's welfare programs have been scr~~tinizecl
in an effort to alter their negative incentives. Studies of the Aid to Families with Dependent Children (AFDC) program suggest that house- holds receiving guaranteed annual incomes broke up more often than those that...
MarilynCollege, U.S.A. Gittell, in Chqe (Oct. 1985), 4000 Alber- murle St. N.W, \Ytishington, D.C. 20016.
With university tuition in the United States rising faster than inflation, many students are seekingless costly postseconclar-y educations. One answer, repons Gittell, a political scientist at the City University of New York, is the 'community-based college."
'I'llese private, non-profit schools-offering both two- and four-year pro- grams-enroll from 100 to 2,000 students apiece each...
MarilynCollege, U.S.A. Gittell, in Chqe (Oct. 1985), 4000 Alber- murle St. N.W, \Ytishington, D.C. 20016.
With university tuition in the United States rising faster than inflation, many students are seekingless costly postseconclar-y educations. One answer, repons Gittell, a political scientist at the City University of New York, is the 'community-based college."
'I'llese private, non-profit schools-offering both two- and four-year pro- grams-enroll from 100 to 2,000 students apiece each...
IODICALS
SOCIETY
With so much good fortune around, wondered Kaplan, a sociologist at the Florida Institute of Technology, what becomes of the people who win?
Between July and September 1984, he surveyed 576 lottery winners (their prizes ranging from $10,000 to several million dollars). He found that despite tlie financial cormicopia, "the vast majority of winners and their spouses kept working." Specifically, only 11 percent of 446 winners iinil 13 percent of their 253 spouses who w...
'Lubavitcher Hasiclim" hy Lis Harris, in The Nw Jbrker (Scpt. 16-30, 1985),25 \Vest 43rd St., New York, N.Y. 10036.
Along the Eastern Parkway in Brooklyn, N.Y, men garbed in black with
Iondbeards and broad-brimmed hats are often seen chanting at sundown
on Friday nights, before going to synagogue. These Lubavitcl~ers, members
of a branch of Judaism called Hasidism, have been congregting in Brook-
lyn's Crown Heights section since the mid-1930s, when they first emigrated
from Eastern E...
Walter E. Conn, in TheJournal of Religion (Oct. 1985), Univ. of Chicago, 1025 East 58~11St.,Chicago,I11,60637.
In his New Seeds ~fCoiite~?~platio'n
(1961), Thomas Meiton wrote that men who ti-y to live as their own "masters," without deference to a god, "inev- itably live as the servant of another man."
Moreover, added the noted American Trappist monk: "It is the accep- tance of God that . . . delivers [them] from human tyranny."
The deliverance to which Merton...
Walter E. Conn, in TheJournal of Religion (Oct. 1985), Univ. of Chicago, 1025 East 58~11St.,Chicago,I11,60637.
In his New Seeds ~fCoiite~?~platio'n
(1961), Thomas Meiton wrote that men who ti-y to live as their own "masters," without deference to a god, "inev- itably live as the servant of another man."
Moreover, added the noted American Trappist monk: "It is the accep- tance of God that . . . delivers [them] from human tyranny."
The deliverance to which Merton...