Word: economist
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Dates: during 1950-1959
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...Laurent, who seldom gets a chance to be Uncle Louis between elections, played the role right up to the specifications recently outlined in the London Economist: "Obviously he should not appear to be too bright. He should not offer specific policies, for that brings him down to the level of ordinary politicians. He should cultivate the air of a slippered family man sucking his pipe by the fire, all passion spent. He should claim only the tolerant judgment of one long acquainted with human folly, thus tacitly asserting his own immunity from...
...electric power use, reports of low earnings and reduced dividends by four companies. Buried in the back pages were the first-quarter reports of 58 other companies, half of which had higher, or record, earnings. The same pessimism is shown by many other financial reporters. When University of Illinois Economist V. Lewis Bassie proclaimed during a recent Cleveland debate that "we're in the beginning of a postwar depression cycle," the emphasis, in stories was on his charge, not the rebuttal. Says Editor Tom Campbell of The Iron Age magazine: "Never has so much ink been spattered around about...
...about a steel "slump," U.S. Steel and Republic Steel distributed thousands of copies of speeches by executives pointing out that the slowdown was minor and that the industry still expected a good year. Even the facts about layoffs and shutdowns rarely tell the whole story. Says Cleveland Trust Co. Economist David C. Elliot: "You read about 200 layoffs here, 500 there, a shutdown elsewhere. They're confined to a few spots like autos or appliances, and add up to an infinitesimal fraction of total employment. But to the uninformed, they indicate that the economy has turned sour...
Though Richardson was later ordered reinstated by the State Supreme Court, his case snowballed. Author Walter Van Tilburg Clark (The Ox Bow Incident) accused the administration of "seeking to reduce the university to a manageable mediocrity," handed in his resignation as a lecturer in English. Economist Arthur L. Grey Jr. declared that the university was "in full retreat" from democracy, and Biologist Thomas Little resigned after accusing Stout of granting faculty raises on the basis of "favoritism...
...classrooms some of the best educational films ever made. It is the largest producer of school movies, distributes them not only in the U.S. but to 55 foreign nations. Though no moneymaker, it has as impressive a board of advisers as any corporation going-former Senator William Benton, Economist Beardsley Ruml, onetime Assistant Secretary of Defense Anna M. Rosenberg, Psychologist George Stoddard, President Robert Hutchins of the Fund for the Republic, and Social Scientist Ralph Tyler. Last week it was sporting another big name: Chairman-elect Adlai E. Stevenson...