Word: crediters
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Dates: during 1940-1949
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McNair asserted that only war or similar emergencies demand more governmental controls than now exist. he excluded taxes and the slight reins on consumer credit from the category of controls...
Porter, on the other hand, supported the return of direct price control on consumer goods, a tax on excess profits, restoration of full rent control, extension of consumer credit controls, and allocation of critical materials in short supply...
...there is something on the credit side from this loss. Perhaps those on the Harvard squad who have never played big time football before will now be a little more confident and steady in big time competition. Maybe the Squad will realize the truth of Art Valpey's incessant remarks to the effect that we don't have a team yet: We have potentialities, but we cannot win until we work well both as a unit and individually...
...have any right to expect a guaranteed buyer." Parkinson thought that FRB should let the bonds find their own level in a free market. His argument was that lower bond prices meant higher yields, and higher yields on Treasuries would in turn push up the commercial interest rate. Making credit more expensive, thought Parkinson, would help nip inflation...
...bound its standard to give nothing short of the best tutorial, and obliged by University policy to dispense with Economics 10, the Department is helpless. Honors candidates must get along as best they can with non-credit guidance from a busy faculty. A Department conscientious enough to refuse inadequate tutorial should not be penalized by depriving it of its only other means of organized honors instruction. In view of the situation, there seems little reason why Economics should not be permitted to reinstate its course "Thesis for Honors...