Word: economist
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Dates: during 1950-1959
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Only six months ago, the cry was that the Government was doing too little too late to cure the recession; now, with the economy on the upgrade, it is plain that a far bigger mistake would have been to do too much too soon. Says an Administration economist: "An antirecession policy is supposed to be dramatic, or you find yourself accused of having no policy at all. But just as important as what we did was our unwillingness to do some of the wrong things...
AMERICAN industry should find it -L. an opportunity rather than a danger. Do not be afraid of it." Thus did Washington Lawyer and Economist George Ball, an expert on investment abroad, exhort U.S. businessmen to take on a new challenge: the European Common Market. The common market, a vast trading zone of six European countries, will remove trade barriers among participating nations, allow free movement of goods, labor and capital. What worries many a U.S. businessman is that it will also be protected by tariffs that discriminate against outsiders, make it harder for U.S. firms to compete in Europe...
...Barbara Frances Wootton, 61, economist, former professor of social studies at the University of London, and the only Socialist...
...Economist Killed...
...many a U.S. businessman and economist, one of the touchiest questions of 1958 is: Has the recession thrown a serious chill into the American consumer's mood of sunny, open-pocketed optimism? For a while last winter and early spring, it appeared that the recession indeed had, as autos, appliances and many other consumer hard goods turned down. Last week, in a report that was as heartening as it was authoritative, the University of Michigan's Survey Research Center, often called upon to test consumer attitudes for the Federal Reserve Board, reported that beneath the consumer...