Word: economist
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Dates: during 1950-1959
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...optimism seemed to be changing the minds of some pessimists. In the U.S. for a debate with U.S. Economist Wladi-mir S. Woytinsky, Australia's Colin Clark admitted: "I have raised my sights...
...cash income would drop 10% this year to the lowest point since 1943. Scattered layoffs were announced-by Chrysler, Baltimore & Ohio Railroad, General Electric, Westinghouse, Alcoa. And Studebaker Corp., beset with troubles all last year (TIME, Sept. 21), cut its quarterly dividend from 75? to 40?. But Economist Woytinsky, whose record on predictions has been excellent, said that the present slip would be over by midyear and business would be about 7% above 1952 levels before the end of the year. Said Woytinsky, "Signs of danger are always with us, when [we] are traveling at such speed ... If the economy...
...TIME regrets that Economist Nutter considers himself misinterpreted, denies that he was misquoted...
...trawlers from Denmark and antibiotics from France). Commented one export manager bitterly: "Last year we played ball with the United Nations and lost $180 million in business with China and Russia. So what happened? Our European friends got the business, and we got the blame." Said a Foreign Office economist: "Marginal, rational readjustments [in East-West restriction...
When Europeans are not worrying about McCarthyism or the lack of culture in the U.S., they are worrying about an American depression. Ever since war's end, many European economists and politicos have clearly seen the catastrophe-just around the corner. The latest doomsayer: Colin Clark, Australia-born economist, Oxford teacher and author of The Conditions of Economic Progress and four other books. Clark as early as 1942 foresaw the great American postwar boom and also won applause for demolishing phony Soviet statistics of vast economic progress in the U.S.S.R...