Politics over Principle

Article Abstract:

Kuwait's minister of finance and planning has resigned following the rejection of his plan for patching up that country's collapsed Gulf Share Market in stocks. Speculators in this unofficial exchange caused its collapse by writing post-dated checks when buying stocks. Finance and planning minister Abdullatif Yousuf al- Hamad had wanted to prosecute these speculators, as did many of his countrymen. But the parliament agreed to rescue these speculators with public funds, precipitating al-Hamad's resignation. Many government officials are reported to have been involved in the Gulf Share Market.

Finance, Stock-exchange, Stock exchanges, Kuwait

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Politics and pocketbooks

Article Abstract:

The proximity of the Nov 1992 presidential election gives rise to deliberations on the state of the economy. A survey revealed that many Americans have suffered financial blows resulting form Pres George Bush's economic policies. There is definite agreement among the majority of those surveyed that money has gained importance over the past five years. Also prompting apprehension in consumers is the 'high cost of living,' perceived as a threat to American economic stability.

Economic aspects, Political aspects, Elections, United States economic conditions, Political leadership

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The politics of management thought: a case study of the Harvard Business School and the Human Relations School

Article Abstract:

The success of the Human Relations School at the Harvard Business School (HBS) can be attributed to the goals it set upon establishment. Wallace Donham and Elton Mayo, officials of HBS, collaborated to give the institution credibility. Donham took care of HBS' finances while Mayo aligned HBS with the academic disciplines and the CEOs. By offering solutions to social, economic and political problems, HBS gained great prestige and status.

Universities and colleges, History, Harvard University. Graduate School of Business Administration

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