Summarizes the positive and negative sides of American industrial practices determined by the Commission on Industrial Productivity at the Massachusetts Institute of Technology. Describes five imperatives recommended by the commission based on its study of current weakness and best practices in American industry. (YP)

An information society is one in which the expression "to earn one's daily bread by the sweat of one's brow" appears decidedly anachronistic. People have been seduced by the rhetoric of novelty and confused by the surface significance of terms which have become accepted parts of everyday speech. What do rubrics such as information society,…

Shows how the Cournot-Nash and Stackelberg equilibria can be represented in the familiar supply-demand graphical framework, allowing a direct comparison with the monopoly, competitive, and industrial organization models. This graphical analysis is represented throughout the article. (MJP)