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...recent years Britain has slowly but surely been pricing itself out of world markets because of what the London Economist has acidly described as its "monopoly-influenced, trade-union-rigged, subsidy-protected markets at home." In the last decade output per capita has increased a mere 2% a year, while wages and salaries have nearly doubled. The result inevitably is higher prices for British goods sold abroad and a consequent falling-off in the exports by which Britain lives. In ten years Britain's share of the world's export trade in manufactured goods has fallen from...

Author: /time Magazine | Title: Great Britain: The Old Look | 8/4/1961 | See Source »

...pupils at all and 1,823 with schools of 15 pupils or less. Nebraska believes in local control and local financing of schools; 91.4% of school revenue comes from local governments, and state aid is sparse. No state depends more on local financing; only Massachusetts spends less per capita on state aid to public education. While Nebraska is 25th in per capita personal income, it is 37th in spending per pupil. The average U.S. classroom teacher earns $5,215 a year; in Nebraska she earns $3,990. Said Democratic Governor Frank Morrison, who figured that Speechwriter Sorensen knew his statistics...

Author: /time Magazine | Title: Education: Needle for Nebraska | 7/21/1961 | See Source »

...leader. There were more modest raises for vice presidents ($500 more a month) and trustees ($300 more a month). ¶Deletion of a clause barring ex-convicts from becoming union members. A monthly dues increase of $1 per member, plus an increase from 40? to $1 in the per capita assessment paid by locals; the raise will provide $4,000,000 for the Teamsters' pension plan and $8,000,000 for Hoffa's war chest...

Author: /time Magazine | Title: Labor: Grab for Power | 7/14/1961 | See Source »

Stroessner's worries begin with backwardness. Today the landlocked country, the size of Sweden, has only 118 miles of paved road. Its people are 80% illiterate, earn a per-capita annual income of only $115. The government is almost bankrupt: reserves are down to a mere...

Author: /time Magazine | Title: Paraguay: Dictator Gets the Message | 7/7/1961 | See Source »

...billions from general revenues, and cover hospital and medical care for 85% of the population. Patients would have free choice of physician. Doctors would be free to join the plan or not; those in it would decide whether they wanted to be paid by fee for service, a per capita rate, or (in group practice) salary. Though the A.M.A. had powerful allies, it was the biggest single force in squelching the plan so thoroughly that it has never been revived...

Author: /time Magazine | Title: Medicine: The A.M.A. & the U.S.A. | 7/7/1961 | See Source »

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