Articles by Angus Hone

SILVER How High the Sky and Why?
Angus Hone THE post-Afghanistan surge which drove silver to an unprecedented high of 1900-2000 pence per oz in London and $ 43-46 per oz in New York and on Comex in Chicago is now over. Those who sold silver short at the $ 18-20 level have retired to lick their wounds and replenish their shattered bank balances, but the link with gold is now totally broken (people continued to look in vain for gold/oil ratios), but there is no theory which can satisfactorily explain the silver price explosion from $ 6-7 per oz in November/ December 1978 to $ 42 per oz in January 1980.

Prices in 1976 Angus Hone The initial expansion of the European economi es from the severely depressed levels of September 1975 to April 1976 will be slow, but all indications are that commodity prices and industrial raw material prices will rise considerably from September 1975 to January 1977.

Fluctuations, 1972-1974 How Should Industry Plan ?
Angus Hone This paper discusses the following issues against the background of short-term and long-term corporate strategies and business planning:


In this manner, the scientific community would develop a national identity.
PERIPHERAL SUGGESTIONS There appears to he am implicit assumption running through the entire hook that in India it is scientists who set the tone for science as a social activity. The fact of the elitist "top brass" cornering the choicest parts of the take and conversely creating the wretched working conditions of the majority of scientists, according to the author, stands in the way of science becoming a tool for social transformation. One may not object to improving the working conditions of scientists and their inclusion in debates on organisation and policy. But will these reforms by -themselves make Indian science dynamic and relevant to the country's problems? Will higher salaries make for greater consciousness among scientists who are a privileged class anyway in a country where economic and educational disparities are so pronounced? Democratisation of the scientific structure cannot by itself have any fundamental impact upon the direction of scientific activity in this country and its role in economic development For in the ultimate analysis who are the decision-makers and in whose interests are the decisions made? Ultimately are scientists autonomous or are they willy-nilly part of the industrial and/or government machinery as long as they are dependent upon private industry or the government for jobs? In an unchanged social frame, Rahman's suggestions can only be peripheral and in no way fundamental. It is only a change in social structure, when; science can play a more integrated and dynamic role, that can create the conditions for a socially relevant and purposeful scientific community. To bring about this transformation scientists alone arc not the agents. So fat- as scientists are concerned, the conditions for a more relevant role would be created when they along with other politicised and active sections of society become conscious of the futility of their activity in the present socio economic environment In the underdeveloped countries with their foreign-aided, "mixed-up" economies, where government does all the funding for scientific research, the social role of the scientist is far more significant than his professional role. When a scientist is able to analyse, understand and feel concerned about the nature of his society, he can reach out to other groups and work towards an egalitarian society where science will truly become a tool for a better life and where his research will acquire meaning.

not allow the people to be divided on the basis of religion and between communists and non-communists. All attempts at division must be fought against. By achieving national concord, they will create conditions to preserve peace and end war.