Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Secretary of Commerce Charles Sawyer decided to get rid of two top employees who had become politically embarrassing. Last week he abruptly ordered 32-year-old Economist William Remington and 42-year-old Michael J. Lee, chief of Commerce's Far Eastern division, to quit or be fired. Both men were currently in the middle of new Government checks on their loyalty, and Economist Remington was under investigation by a federal grand jury in Manhattan, but Charles Sawyer said his dismissal notice was "in no wise intended to reflect in any way on the loyalty of either of these...
Prospects for all of industry looked just as rosy to Department of Commerce Economist M. Joseph Meehan. Meehan told the Conference for Purchasing Agents at Kansas City that "physical volume of production [is] practically back to the previous high" of 1948. At $264 billion, the dollar value of the gross national product is barely 2% below the alltime 1948 high, said he, and since prices are lower today, unit production is about equal to the postwar peak. Added Meehan: "Business activity is now rising...
Thermometer or Tool? He and Chairman Nourse were constantly at loggerheads. Nourse, onetime vice president of Brookings Institution, who thought of himself as an economist and nothing else, stuck pretty close to economic orthodoxy. Keyserling, an avid Government planner, was further to the left. The council's third member, John D. Clark, skittered around vaguely somewhere in between. The chief difference between Nourse and Keyserling was in their interpretations of CEA's job. Nourse thought it was chiefly to hold a thermometer under the nation's tongue and dispassionately report the results. Keyserling thought...
...Secretary of State's attention was focused on matters of high policy. He arrived in London with the attacks of Senator Joseph McCarthy still buzzing in his ears-a fact solicitously noted in the British press. Wrote the London Economist: "It would not be surprising if he and his adviser's were to arrive with nothing in their heads except lists of organizations to which they had never belonged, subversive characters they had never met ... It is certainly unlikely that they can bring much in the way of new thought and sparkling policies . . . The fault will...
...economist suggested several ways in which government spending could be reduced. Foremost of these was the cutting of farm price supports and outlays for trade school education for veterans. Slichter also felt the government could reduce purchases of real estate mortgages. It would help the situation, he added, to finance through-highways by tolls instead of taxes...