Word: economist
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Dates: during 1930-1939
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...Warming to the heart of Franklin Roosevelt were words from Britain's cherubic economist, Josiah Stamp, newly created Lord Stamp of Shortlands, who landed in Manhattan last week "to find out what the length of your depression will be." Said Lord Stamp...
...have generally relied on the ratings published by the four big statistical services-Standard Statistics, Moody's, Poor's and Fitch's.* In 1936 the Comptroller of the Currency made this custom a requirement in cases when bonds are of doubtful value. Last January a research economist at the University of Chicago with the resounding name of Melchior Palyi took it upon himself to denounce this setup. Said he: "The ruling of the Comptroller has put the 'recognized' agencies into a strategic position which may permit them virtually to control the market. The agencies...
...liked by his faculty colleagues. He strides about the campus with his big German shepherd dog, Bob, at his heels, sometimes takes the dog to class. While his controversy with President Hutchins brought him his chief fame, in eight years at Chicago he acquired a reputation as a crack economist, became the most popular speaker on the university's radio Round Table. He is chairman of the social studies courses...
...Bitter Economist Michel Alphendery, a communist sympathizer, who says of his job: "We're riders of the storm: all of us together with him in this phantom bank, built on misery, shining out of mire, solid in an earthquake, soundproof in thunder, a living lightning conductor: an accident in capitalism...
...remedy the housing problem, the noted economist suggests that the guaranteed interest rate of the Federal Housing Administration be reduced from five to four percent. Lower building material costs and reduced hourly wage rates are vitally necessary. "With building costs as high now as in 1926 and the national income 25 percent lower," lower," he said, "the situation is not favorable for a large expansion in housing construction...