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Word: economice (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

Persuasive Phrase. To a great extent, Park has earned the support that he enjoys. Since 1961, the country has enjoyed an unprecedented economic boom, with per-capita income rising from $85.20 to $134 in 1968. In addition, Park's firm stance in the face of threats from the hard...

Author: /time Magazine | Title: South Korea: Full Circle for Park | 10/24/1969 | See Source »

For the past 18 years, the seven-member board has been headed by William McChesney Martin, 62, who has become almost as much a fixture in the capital as the Washington Monument. But his term in the $42,500-a-year job ends on Jan. 31, and by law he...

Author: /time Magazine | Title: Business: NIXON'S NEW MAESTRO OF MONEY | 10/24/1969 | See Source »

"We Will Not Budge." The change comes at a particularly sensitive time, when everyone is wondering when prices will stop going up and interest rates will start coming down. The Administration has given top economic priority to fighting inflation by sharply restricting Government spending at the same time that the...

Author: /time Magazine | Title: Business: NIXON'S NEW MAESTRO OF MONEY | 10/24/1969 | See Source »

On general monetary matters, Burns seems sympathetic to Conservative Economist Milton Friedman's theory that the Federal Reserve should expand the money supply at a fairly steady rate of 2% to 6% a year, depending on economic conditions. Friedman often debates economic policy with Burns on holidays in Vermont...

Author: /time Magazine | Title: Business: NIXON'S NEW MAESTRO OF MONEY | 10/24/1969 | See Source »

Flirting with Recession. The question that bothers some fellow economists is whether Burns will demonstrate the necessary flexibility and adopt an expansionary policy at the right time. His record in that respect is mixed. Intellectually, Burns recognizes the Government's obligation to maintain prosperity. As chairman of President Eisenhower...

Author: /time Magazine | Title: Business: NIXON'S NEW MAESTRO OF MONEY | 10/24/1969 | See Source »

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