Word: economisters
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Dates: during 1950-1959
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...Europe's gain might be short-lived, or illusory, in the indivisible struggle against Communism everywhere. "He was muy macho" (a brave fellow), shrugged a Spaniard. "He won a war of guns and lost a war of words." "A whipping boy for many grievances," admitted the London Economist, which had done its bit in the anti-MacArthur chorus. The Athens Kathimerini editorialized: "The sacking of an American military leader as a sacrifice-for the British lion does not bring about unity." Hardheaded Turks talked about an Asian Munich...
...illustration of this is that among journals and journalists most deserving of respect-on daily papers like the Times or the Manchester Guardian, or weeklies like the Economist and the Observer-the key editors seem to be small "l" liberals, disliking Socialism but unable to bring themselves to be Tories. Several of them, in fact, lunch together on occasion and tauntingly read out portions of each other's editorials to try to show that the other has at last gone over to conservatism ; the defending editor is always able to point out an escape clause somewhere in his leader...
Sneered London's Daily Herald: "MacArthur, wearing his self-tailored mantle of proconsul . . . may have . . . wrecked ... a new approach to Communist China." The Times of London shook its august head over the Supreme Commander's mention of carrying the war to the Chinese mainland. The Economist sighed: "One of the most mischievous of all [MacArthur's] pronouncements...
...Socialists succeeded in ending House of Commons sittings before midnight on every day except one last week. Then Parliament recessed over Easter, suspending the Tories' war of nerves against the government. Said the London Economist: "To harass the government on petty matters, to hold Parliament in a state of continuous tension, is all right, and will probably not provoke any real public disapproval, if it does not last very long; after a while . . . it will simply make the opposition look silly...
...This kind of thing is silly," said Professor Alvin H. Hansen, referring to biographies in general, "but you can't blame the students for wanting to put something in their newspaper." Hansen has a good reason to object; for 20 years as the nation's leading Keynesian economist, he has received plenty of attention...