Word: economist
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Dates: during 1950-1959
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Delivering the most outspoken attack on Stalinist distortions of the past, First Deputy Premier Anastas Mikoyan, the clever Armenian economist, singled out the name of an all-but-forgotten Stalin victim named Kossior as an example of the kind of injustice done by one-man leaders. What made his name significant was that Kossior, a Ukrainian leader who lost out in the late '30s, was purged so that Nikita Khrushchev could get his job. The new collective leaders are not above such instructive hints to one another...
...most businessmen, the outlook for the first half of this year is for continuing fair weather. But what about the second half? Speaking last week before a group of businessmen in Manhattan, Harvard Economist Sumner Slichter said: "The outlook is for little change during the first three quarters of the year and for a rise in production in the fourth quarter...
...Economist Slichter ticked off the signs of strength. Though home construction is down, "business plans for outlays on plants and equipment are rising-are 13% more than in 1955." As for manufacturers, unfilled orders totaled $55.5 billion at the end of December, or nearly $4.6 billion higher than July 1955 and up about $9 billion from the comparable period of the year before. New orders are also growing, reached $29.3 billion in December, the highest point since the statistics were first compiled in 1948. At the last official count unfilled orders for all types of machinery stood at $15.6 billion...
...Author of the article was Harper's Editor in Chief John Fischer, who was a zealous young Agriculture Department economist during the Roosevelt Administration, was a hot Stevenson-for-President...
...revival of confidence in Mexican business circles. Chief architect of the confidence has been hardheaded Treasury Secretary Antonio Carrillo Flores, whose policy of reduced government intervention in business slowed down and then reversed the flight of capital that resulted from post-devaluation jitters in 1954. Nobody knows better than Economist Carrillo Flores that there are still bad spots in the Mexican economy. Antiquated labor laws hamper development of the textile industry, for example, and Mexican agriculture is still too dependent on cotton...