Word: economist
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Economist Beardsley Ruml, who fathered the pay-as-you-go tax plan adopted by Congress in 1943, is having less success with his Ruml Plan to balance the budget by bookkeeping tricks such as taking public works and commodity inventories out of the current expense budget and treating them as capital assets (TIME...
Author Heilbroner sides with the optimists in his collection (though he leans to the cautious hope of Keynes far more than to the bolder hopes of Adam Smith, as adapted to modern times by Economist Friedrich Hayek). Heilbroner predicts that economics will diminish somewhat as an influence on human affairs, and that morals and politics will reassert themselves more strongly. Capitalism's big problem, he feels, is not really economic, but political-the "problem of establishing itself as the arsenal, not only of production, but also of hope and meaningful freedom to the anonymous hundreds of millions...
...Manufacturers' order backlogs, down about $5 billion from the September peak, still are almost four times as great as before Korea. Even such sick industries as textiles were showing signs of recovery. In ironic contrast to the pessimism of cautious capitalists like Odlum, the C.I.O.'s top economist, Stanley Ruttenberg, felt sure that the boom would roar on unabated all year...
...expect more beef at retail counters in the next few weeks as the summer's grass-fed steers start to market. Farm experts expect U.S. beef supplies this year to hit 73.5 Ibs. per capita, the highest in 44 years. But beef prices have about hit bottom. Farm Economist L. H. Simerl of the University of Illinois thinks they will hold steady for the next twelve months...
...most Americans, this was fair warning that Peking should not expect to escape from a second aggression as easily as it had from the first. To the British Labor Party it was senseless warmongering which the Foreign Office had no right to agree to. This outburst struck the London Economist as proof that the Labor Party is against "any British firmness anywhere (except, of course, in Washington)." But the Tory government hastened to explain that the warning was not really a warning, but only a statement of probabilities...