• DocumentCode
    1358104
  • Title

    Financial: IEEE: Another AMA? The inside story off how inflation and recession ¿ Those masters off extortion ¿ Are devouring professional society dues dollars

  • Author

    Rubinstein, Ellis

  • Volume
    13
  • Issue
    3
  • fYear
    1976
  • fDate
    3/1/1976 12:00:00 AM
  • Firstpage
    64
  • Lastpage
    69
  • Abstract
    Do you think you´ve been paying more and enjoying it less? By the end of this year the dollar bill you socked away in a savings account in 1967 won´t be worth more than 59 cents. By the end of next year, that dollar will have been torn in half by a decade of money-hungry inflation. Successful ¿Big Business¿ has learned to live with this inflation spiral. In some instances, so have the trade unions ¿ a number have negotiated rigid ¿cost-of-living clauses¿ into their contracts assuring their members annual cost-of-living raises. But among professionals, few have been able to keep pace with soaring costs, and the same holds true for many of the professional associations to which they belong and to which some look for relief when times get hard.
  • Keywords
    Board of Directors; Chemicals; Economics; History; Medical services; Societies; Standards;
  • fLanguage
    English
  • Journal_Title
    Spectrum, IEEE
  • Publisher
    ieee
  • ISSN
    0018-9235
  • Type

    jour

  • DOI
    10.1109/MSPEC.1976.6369154
  • Filename
    6369154