Word: economice
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Dates: during 1960-1969
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"In the long run," says Harvard's Edwin O. Reischauer, former U.S. Ambassador to Tokyo, "the chief problem that China presents may not be the danger that it will be so rich and strong, as well as hostile, that it menaces our basic interests, but rather that it may...
ANGERED by rising prices and fearful of future economic tremors, U.S. consumers have turned cautious in their buying habits. They are shopping harder for bargains, postponing some planned purchases of costly items and hesitating about buying on credit. "We see a marked change over the past four weeks," says Ernest...
Far from being final, the decision now shifts to Congress, which must pass the appropriations. A spirited debate has raged within the Administration for seven months. Opposing the SST were Nixon's science aide, Lee DuBridge, and Hendrik Houthakker of the President's Council of Economic Advisers. Supporting...
Proponents of the SST have a compelling economic argument. U.S. aircraft have dominated world skies for 25 years or more, and last year $1.7 billion worth was sold abroad, the nation's largest single item of capital goods export. Now U.S. supremacy seems threatened. The British-French Concorde, which...
To some extent the government's campaign to develop revolutionary dedication among the workers is an attempt to make a virtue of necessity. As part of the Revolutionary Offensive Castro wants to launch Cuba on the way towards economic development. Cuba is to build 24,000 miles of roads by...