Word: economist
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Dates: during 1950-1959
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...trial of Kansas City Politico Tom Pendergast (income tax evasion) and who last November passed death sentences on the Greenlease kidnapers; New York's Vincent L. Leibell, 70, an F.D.R. appointee who last year handed a three-year perjury sentence to William W. Remington, former government economist who had denied Communist ties...
...businessman knows, a cardinal tenet of New and Fair Deal gospel was that a big company was probably bad, i.e., it was tarred with monopolistic sin. Many an economist, both liberal and conservative, went along with this view, vigorously expounded in 1934 by Louis D. Brandeis in The Curse of Bigness. But last week, when 4,000 members of ten economic and statistical societies gathered in Washington for their annual meeting, the economists surprised one another by their new and friendly view of big business and their calmer attitude toward monopoly. Said Yale's Assistant Professor G. Warren Nutter...
...Birth. There were still some dissenters who complained that the majority was "trying to define away monopoly." But for the first time, the apostles and supporters of Harvard's late Economist Joseph Schumpeter were in command. In his book, Capitalism, Socialism & Democracy (1942), Schumpeter held that inventions and innovations within business brought about constant "creative destruction" of old economic forms and the birth of new ones. In showing the creative role of large business organizations, he insisted that what looks at any moment like restraint of trade may be necessary for the encouragement of competition, as it has actually...
...OASI benefits on a pay-as-you-go basis so that we can all see the true cost of social security in terms we can understand. Incidentally, some official coal estimates show that the present system is already almost on a pay-as-you-go basis. W. Glenn Campbell, Economist, Chamber of Commerce of the United States, Washington...
...Reason. One of the few universities that has no government subsidy, Pro Deo is still able to afford such lecturers as Roberto Rossellini and U.S. Economist Peter Drucker. Students from 26 different countries have studied there, and gifts have come in from such far-flung sources as the family of the late Czech industrialist Thomas Bata and U.S. Cardinals Spellman and Stritch. Last week Father Morlion was making plans for a new institute of European studies. The man slated to take charge of it (on a part-time basis): Alcide de Gasped...