Word: 1950s
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Yale--and so did the myth of the rational market. For a few decades, financial markets were seen as unruly beasts that had to be tamed with tight regulation to help protect the hard-earned savings of regular Americans. But memories of the 1930s eventually faded, and in the 1950s, the idea that markets knew best began its comeback. This was part ideological reaction to the antimarket conventions of the day, part scientific progress. It was the combination of the two, in fact, that made the idea so powerful...
Emboldened by this work, economists began to apply their number-crunching skills to the postwar market. Chicago graduate student Harry Markowitz devised a model for picking stocks that was, in Friedman's estimation, "identical" to his artillery-shell-fragmentation trade-off. And in the late 1950s, scholars at Chicago and the Massachusetts Institute of Technology became enamored of the idea that stock-market movements were, like many physical phenomena, random...
...though the Obama Administration is reconsidering the entire lunar program, so far it's still on track. The goal is to station astronauts on the moon for months, not days, to conduct lunar studies and as training for later attempts to live on Mars. As NASA knew in the 1950s, however, before you can send humans to the moon, you need to send robotic scouts. And that's where the LRO gets involved. (Watch a video of the first broadcast from the moon...
...victims of faulty products, like in last year's tainted-milk scandal, defending Tibetans accused of agitating for independence and, as in Li's case, defending followers of Falun Gong. "Lawyers no longer serve only as instruments of political control like how they were expected to perform from the 1950s to the 1970s," says Albert Ho, a Hong Kong solicitor and chairman of China Human Rights Lawyers Concern Group. "With the opening and liberalization of China, it needs to build a system of law and a sound legal system. The government and the governing party shall abide...
...During World War II, soldiers were issued with free cigarettes, courtesy of the tobacco companies; with millions of nicotine-addicted G.I.s returning home after the war, the still largely unregulated tobacco industry aggressively promoted cigarettes throughout the 1950s. Companies sought to distinguish their brands with popular slogans like "Winston tastes good like a cigarette should," "Light up a Lucky," and "For more pure pleasure, have a Camel!" Many cigarette makers also sponsored television shows - when Winston's ad introduced the long-running CBS Western Gunsmoke, "cigarette" was replaced in their slogan by the sound of two gunshots. For tobacco companies...