Word: economisters
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Dates: during 1950-1959
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...college professor, Johns Hopkins' Economist Clarence D. Long is gloomily aware that his earning power has been steadily losing ground in the endless marathon with rising living costs. As a practicing economist, he is also professionally concerned by "this singular inability of the pedagogue to hold his place at the American banquet table...
...birth. If a peasant objected to levies as high as 80% or 90% on his crops, the zamindar could seize his land (or his daughter) in payment. The zamindars gradually became the landholders, the peasants mere sharecroppers. "The most creditable products of zamindari," wrote the London Economist, "have been Rabindranath Tagore, the poet, Liaquat Ali Khan, the Prime Minister, and the Maharaj Kumar of Vizianagram, the cricketer . . . The majority have been as vicious as Thackeray's Lord Steyne, as idle as Jane Austen's Mr. Bennett, and as drunken as a Surtees squire...
...Tories, who inherited worse problems than they expected after six years of Socialism, have moved uncertainly to denationalize road transport, and not at all to denationalize steel. Muddle is still a favorite British headline word, as crisis is in the French press. Yet "improvement," warned the Economist, "will not be secured by making [Mr. Churchill] the scapegoat for everything . . . When he looks at those around him-and opposite him [on the Labor benches]-he needs no immodesty to conclude that at 77 he still has more to contribute to British government than almost any other...
...straightforward solution," suggested the Economist, "is that Mr. Eden should give up the Foreign Office and become the Prime Minister's deputy in fact as well as in name ... A real devolution of authority from Mr. Churchill to him is required...
Alexander's thorough endorsement of the U.S. handling of Korea came as a complete surprise to most Britons. Their ignorance testified to the inadequate, and often biased reporting of the Korean war by the British press which, with some exceptions (e.g., the Times, the Economist) gloats over U.S. failures and sloughs off U.S. successes. The British government, too, was partly to blame: it had neglected to keep Britons posted on events in Korea, and had sometimes seemed to be in the dark itself...