Word: economices
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Dates: during 1960-1969
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A lawyer and political scientist who entered politics 23 years ago, the new presidential candidate defines his position as "neither to the right, nor to the left, nor in a static center, but onward and upward." Just how quickly Echeverria will move, however, remains in question. Stable leadership has given...
Changing the Standards. The Justice Department's request for a preliminary injunction to stop the merger was denied by Judge William H. Timbers of the federal district court in New Haven. He rejected the trustbusters' argument that economic concentration is illegal under the Clayton Antitrust Act. Timbers ruled...
Builders complain that housing is being squeezed by the Government for the fifth time in 15 years. Paul McCracken, chairman of the President's Council of Economic Advisers, admits that they have a point. Because housing depends so greatly on credit, he concedes, the industry lies "at the end...
Unlike The Prince, Berle's is no how-to-do-it book for power wielders. It is an attempt to describe the sources and limits of power in four of its chief manifestations: economic, political, judicial and international. (Pure military power is scanted as mere brute "force.") Berle opens...
According to Berle, the developing science of economics has helped to subordinate economic to political power and has pretty well tamed the gods of the formerly chaotic marketplace. This power shift has left loose ends. Labor's coercive power to strike, for example, is no longer directed against private...