Word: economisters
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Dates: during 1950-1959
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While the government tried to settle the dispute, some magazine publishers (daily newspapers were not affected) managed to get out token issues by makeshift methods. The New Statesman & Nation (TIME, Sept. 4), normally a comfortable 24 pages, squeaked out eight pages by photostated typewriting. The Economist, like many strikebound U.S. papers in the last few years (TIME, Dec. 1, 1947 et seq.), used Vari-Typing to produce a makeshift, 16-page issue for its 107th anniversary. It tartly warned the printers: "Union leaders would do well to observe that it is possible to get along without any compositors...
Behind closely guarded doors in a room set aside for the National Security Council, the argument went on. Acheson's blueprint originated in the State Department's planning and policy group, headed by Banker-Economist Paul Nitze. It had the backing of Foreign Affairs Adviser W. Averell Harriman and War Mobilizer W. Stuart Symington. After two days of shirtsleeved debate, it won the endorsement of the Chiefs of Staff of the three armed services-General J. Lawton Collins of the Army, General Hoyt S. Vandenberg of the Air Force, Admiral Forrest Sherman of the Navy...
...whether The Boys could achieve their overall aims. For one thing, critics pointed out, the painful rise in prices would bring on a new wave of wage increases, and accelerate Argentina's dizzying inflation. As for The Boys' hope of attracting new capital into the country, one economist summed up: "The trouble is that nobody can trust this present outfit. What they now give in a moment of generosity they could take away tomorrow...
...bright-eyed Lucy Mitchell (wife of the famed Columbia economist, Wesley C. Mitchell) such rigidity seemed all wrong. To do something about her convictions, she went to her wealthy cousin, Elizabeth Sprague Coolidge,* got a promise of $50,000 to start a "bureau of educational experiments." Taking over an old four-story yeast warehouse on Greenwich Village's Bank Street, she opened one of Manhattan's first "progressive" nursery schools. Over the years, she also hired psychologists, physicians, educators and social workers to study child growth and maturity levels from infancy to adolescence...
...bitter years of austerity-have just begun to enjoy slightly better living. Yet even the proposed effort seemed to some far from adequate. The British memorandum stated carefully that the new program was designed not to upset economic recovery, or put Britain on a war footing. London's Economist found no assurance "that what is planned will be enough...