During the sixty years between 1910 and 1970, the percentage of Americans living in urban areas of 2,500 or more rose from 45.7 to 73.5, and the numb… - Neil H. Jacoby

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During the sixty years between 1910 and 1970, the percentage of Americans living in urban areas of 2,500 or more rose from 45.7 to 73.5, and the number of urbanites more than tripled from 42 to 150 million. Urbanization clearly has brought important benefits to people… But this overwhelming tendency of people to concentrate in cities has worsened the environment through crowding, traffic congestion, delays and loss of time, and the over-loading of transportation, marketing and living facilities.

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About Neil H. Jacoby

Neil Herman Jacoby(September 19, 1909 – May 31, 1979) was a university professor and public servant and was widely recognized as an expert on matters of taxation, finance, economic policy, and business-government relationships.

Also Known As

Alternative Names: Neil Herman Jacoby N. H. Jacoby
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Additional quotes by Neil H. Jacoby

A corporate manager, interested in playing a numbers game with stock price-earnings ratios for quick profits, is able to inflate current reported profits at the expense of future profits. The methods are legion: shift from accelerated to straight-line depreciation; defer or stretch out maintenance expense; deplete inventories held at low cost; sell assets for ‘one-shot’ income. Excessive flexibility in permissible accounting methods creates opportunities for misleading reports of profits.

But beginning in the 1960’s, an adverse tide of public opinion began to rise against business… Frustration over the [[w:Vietnam War |Vietnam War added fuel to the fires of discontent. Suddenly, consumerism, stock-holderism, racial equalitarianism, antimilitarism, environmentalism, and feminism became forces to be reckoned with by corporate managements. For the most part, they replaced the classical ‘isms’— socialism, Communism, syndicalism, fascism—as the main driving forces seeking the reform of the American business system.

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