Word: crediters
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Dates: during 1960-1969
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...Manhattan's East Village and turn out paintings and posters, play music in various New York cafes, and publish a magazine called Inner space. The artists in the group who contributed most to the cover were three Milwaukee boys named Roger. Peter and Jimmy; they dislike apportioning credit or using their family names. "We are waiting for another name," they explain. In the photo above, some group members (including Roger and Peter) display a picture of an old Indian called Gordon Whitefoot that they have adopted as their logo, a collective symbol to substitute for their individual identities...
...field is harder than ever to delineate, for a p.r. man may be anyone from a $100,000-a-year vice president to an operative with a mimeograph machine and a credit card. But certain trends stand out. The virtuoso has given way to committees, with a memo-writing style involving such terms as "idea transference," "posture of receptivity," and the "multiple-channel approach." Specialization is on the rise: there are firms for proxy fights, firms for staying out of trouble on civil rights, firms to get the New Rich into society, firms oriented toward culture or sports...
Khrushchev takes credit for preserving world peace by refusing to supply Red China with nuclear armaments, and quotes from a 1959 conversation with Mao Tse-tung to demonstrate Chinese bellicosity. "Comrade Khrushchev," Mao said, "you have only to provoke the Americans to military action and I will give you as many people as you wish-100 divisions, 200 divisions, 1,000." Khrushchev goes on to tell how he explained to Mao that "with contemporary techniques, his divisions meant nothing, because one or two rockets would be enough to turn all the divisions into dust." Mao disagreed, Khrushchev reports, "obviously regarding...
...that the U.S. economy is pulling out of the winter downturn which is being called, in current vogue, the "mini-recession." Though the economy, as Martin noted, "is beginning to show signs of moving ahead again," many dark spots remain. Despite massive stimulation to business through an easing of credit and a sharp rise in federal spending, industrial production has slipped four months out of the past five on the Federal Reserve Board index; in May, it fell 2% below its December peak. The nation's real output of goods and services, in the first three months of this...
...millions of families who tried to buy or sell a house last year learned to their dismay, mortgage credit is something like an umbrella that collapses when it rains. Three times since 1950, the output of new housing has dived after the Federal Reserve tightened up on money to thwart inflation. No other major U.S. industry is quite so vulnerable to swings in monetary policy. Last year the money squeeze gave housing its worst setback since World...