Word: economist
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Dates: during 1950-1959
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...dancing girl. Surely the real reason for this firing is in the phrase "he has never been close to American farming problems and operations." Unlike the head of John the Baptist, Ladejinsky can be replaced. To cater to the whims of a few who feel an agricultural economist must farm with his hands is stupid. To say Ladejinsky is a security risk is to ignore what he has done...
...obvious answer was that the money would come-somehow-from the British taxpayer, for whom the "standard rate" of taxation is 45? on every $1 he makes. "This principle," huffed the Economist, "may be the opening of a new stage in British industrial and political history. On the court's ruling, a nationalized industry now means an industry which has an inalienable right to draw a subsidy from the public, and no responsibility to return efficient service...
...thing that can happen to a man"-and demonstrated that he needs none. "I have always operated lean," said Ribicoff, talking economy. He wanted no lawyer on his staff either: "After all, that's what I am." He added modestly: "If possible, I would like to have an economist in my office." South Dakota. Joseph Jacob Foss, 39, who won the Medal of Honor as a Marine fighter pilot for shooting down 26 Japanese planes, becomes the youngest governor in South Dakota's history this week, and invited everybody to his inauguration: "Come as you are." Easygoing...
...strongest possible confidence in the capitalistic system, a confidence that had often seemed lacking, even among U.S. capitalists themselves, in previous years of the boom. The remarkable fact about this surging confidence was that it began to grow at a time when business was slipping. Such doomsayers as British Economist Colin Clark predicted that the U.S. was in for a major depression, and right up until the November election Democrats cried economic havoc. But few really believed them. As industrial production edged down, the market went up-and as it turned out, the market was right...
...were due. Farm income had been falling for two years, and the Administration intended to dump the rigid-support prices that had lessened the slide but had also created history's most gigantic pile of food surpluses. On top of that, after years of peak production, many an economist was sure that...