Word: 60s
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...economic principle, velocity has been considered a constant. According to Gelleri, it was stable in the 1950s, '60s, and '70s but starting in the '80s velocity has decreased as more money has been diverted to the financial sector. This scenario may benefit financial centers, but money tends to drain away from other places. Gelleri says that both the Euro and the U.S. dollar have slowed way down. "In the last several months velocity has declined sharply because there's less GDP and more money," he says. "The money doesn't flow. More money is being printed...
...Mitt Romney. At our peak, a Harvard class reunion paid us a thousand bucks to play for approximately an hour and plied us with wine and food. I think it’s safe to say that, as an acoustic jazz group composed of Harvard undergraduates specializing in late 60s modal jazz, we were peerless...
...just 10% of U.S. spending will. The difference to an extent reflects the fact that the nations are at different stages of economic development: America's railroad networks were built in the 19th century (and show it), and its interstate-highway system was mainly constructed in the 1950s and '60s. But it also speaks to the sheer scale of China's ambition to modernize itself...
...limited resources and, as such, apolitical.As an undergraduate, Marglin was not a cafe-dwelling, revolutionary intellectual; rather, he was a Jewish public school kid from California who worried about looking like and fitting in with East Coast private school kids.In those days, the schools of thought that ushered in 60s radicalism and Marglin’s own left-ward turn—feminism, the anti-nuclear and anti-war movements, and the sexual revolution—were nascent as ideologies.Students at Harvard during the late 50s consistently said that political engagement on campus was virtually nonexistent, with students expressing more...
...Picard, in his late 60s, is a rare bird in the quiet world of bankruptcy trustees, a blend of a traditional Chapter 7 bankruptcy panel trustee (of which there are 1,200 in the U.S.) and Securities Investment Protection Act (SIPA) trustee...