Word: economist
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Dates: during 1930-1939
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Assembled were such Inner Circlers as Tommy Corcoran, Supreme Court Justice Hugo Black, SEComrnissioner Edward ("Big Ed") Eicher, Federal Works Administrator John Carmody, Ernest Lindley, journalist, who helps write the McNutt speeches. Two men arranged the dinner: Economist David Cushman Coyle, Federal Security Counsel Fowler Harper, onetime dean of McNutt's Alma Mater, Indiana Law School...
While France's Paul Reynaud and Britain's Sir John Simon put their heads together to strengthen the external economy of the Allies (see above), one of Britain's leading economists advanced a notable plan to strengthen Britain's internal economy, to help pay for the war while it is being fought, to help smooth the economic bumps which must be felt when it is over. Author was "The Stinger in the Triple Bromide"-Economist John Maynard Keynes, who, as a member of the Economic Advisory Council and secretary of the Royal Economic Society, frequently stimulates...
...Economist Keynes addressed to the semiofficial London Times two articles to which that august organ gave full space and a respectful editorial. His idea was that Britain should apply a forced loan scheme to all her income earners. As military production goes up in the Government-financed war cycle, production of consumer goods will go down, the cost-of-living will rise...
Among protagonists of various versions of this plan have been Clarence K. Streit (Union Now) and radical Economist Harold J. Laski, who proposed a union roughly like America under the Articles of Confederation.* Last week the chorus grew. Speaking at an audience with the Haitian Minister to the Vatican, Pope Pius XII urged formation of "a stable and fruitful international organization...
...Nowhere into the here came Big Steel (which Economist Roberts rates as an industrial group by itself) converting a $12,000,000 deficit to a $12,000,000 profit. Steel's third quarter report last week showed its Cinderella common stock back in the black to the tune of $10,420,445-47? a common share, and showed $5.16 operating profit per ton shipped; it is operating at close to 90%. Even more spectacular was the record of Bethlehem Steel, which makes money at a lower rate of operations than its big brother, which is now operating at full...