Word: crashing
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Dates: during 1950-1959
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...every schoolboy knows, it was wildly inflated credit that brought on the 1929 crash. When consumer credit rose to a record $44.8 billion at the end of 1957, many an economist wondered uneasily whether history would repeat itself. Would credit, which had helped speed the postwar boom, bring on and accelerate an economic downturn? Now that the recession is waning, the answer is in. The credit structure not only surprised the experts but showed strengthening timbers that no one ever suspected...
LONDON, Oct. 19--Sixty-five passengers, including 16 Communist Chinese government officials were killed in the crash of a Russian jetliner en route from Peiping to Moscow Friday, the Red Chinese Radio said Sunday night...
...Theory of Price Controls, Economics and the Art of Controversy, American Capitalism, and The Great Crash 1929--reveal a broad interest in current social and economic issues and a highly imaginative approach. The Affluent Society, his latest, has been an amazing success since its publication in May. He finished this book last September and embodied the data in his Soc Sci 134 lectures. This year Galbraith is interested in the theory of organization, is exploring the subject in his Soc Sci lectures, and may eventually come up with another book, but "a technical book, definitely not a best-seller...
Born. To Dorothy Kincheloe, 28, widow of U.S. Air Force Captain Iven C. Kincheloe Jr., holder of an unofficial world's altitude record (nearly 24 miles), who died two months ago in the crash of an F-104 Starfighter (TIME, Aug. 4): a second child, first daughter; in Oakland, Calif. Name: Jeannine Frances. Weight...
...crash occured when one vehicle, moving the wrong way on Plympton St., towards Memorial Drive, hit the left front fender of the other automobile and then careened into the corner of McKinlock Hall. Cambridge police would not confirm reports that the operator of one of the cars was intoxicated...