Word: economisters
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Dates: during 1950-1959
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...production, recovering all of its recession drop, is at a new high. The recovery has not only been faster than many an economist dared forecast a few months back, but has actually been faster than official figures showed. The Federal Reserve Board announced that overall industrial production in March rose to 147% of the 1947-49 average, a point more than the previous record of 146% in February 1957. The FRB also revised upward its February industrial output figure from 144%, as previously announced, to 145%. Most encouraging was the fact that the extra boost in production has come from...
Although he is the first to admit that he is neither a politician nor an economist, Seeger firmly believes that no policy decision is so complicated that ordinary people should be denied a voice in its formulation. "Someone once said that 'military matters are too important to be left to generals...
...declared that this was "no time for neutrality," urged the Burmese government to reconsider "seriously" its foreign policy. Even the high panjandrum of Asian neutralism, India's Nehru, showed signs of distress-and the Indian public showed far more. "Mr. Nehru's India," declared London's Economist, "may be emerging from the age of innocence. In later years, the Republic of India may look back upon this month as its moment of truth...
...encourage private investment abroad? Last year the State Department commissioned Ralph I. Straus, a director of his family's R. H. Macy & Co. and an economist who served ably with the Economic Cooperation Administration, to study the situation with an eye to formulating a new Government policy. Last week, after distilling answers from questionnaires sent to 955 key U.S. businessmen, Straus issued a report that the State Department heartily endorsed as "a new and fresh look" at the problem...
...fact, as London's Economist soberly noted last week, "by the time he got it home, Mr. Macmillan's diplomatic luggage was pretty light." In the face of French, German and U.S. skepticism, Macmillan had dropped one pet concept after another. In the beginning the British press, taking its cue from the Macmillan-Khrushchev communiqué which mentioned a possible limitation of weapons "in an agreed area of Europe," had talked eagerly of steps toward "disengagement" of Western and Soviet forces in Central Europe. Macmillan's aides diluted this to a "thinning out" of the military...