Word: economisters
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Dates: during 1950-1959
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When the University of California regents set out last year to pick a replacement for retiring President Robert Gordon Sproul, they polled the nation's top educators for opinions, got a nearly unanimous consensus: "You already have Clark Kerr at Berkeley.'' This month, slight, balding Labor Economist Kerr, Berkeley's chancellor since 1952, took over the presidency. He found himself saddle-high on a job that is probably the biggest in U.S. education, and is destined to grow a lot bigger. Today California has eight campuses and 42,114 students (the country's second largest...
Slowdown in Speedup. In Belgium, usually the first European country to suffer when the demand for steel and coal slumps, industrial output has sagged 6% in the first quarter of 1958. Bank of Brussels Economist Albert de Lettenhove reports "no signs as yet of any revival-the recession may have reached bottom in the States, but not here...
...concern, not panic. Economies are generally sound, employment high and currency strong. To Dr. Erhard, the engineer of the German production miracle, a slowdown is not without advantages for his highly flexible economy, for rising costs were beginning to threaten Germany's competitive position. And one Italian economist dismisses his own country's recession as no more than "a slowdown in the speedup...
Bard College Cyrus Eaton, industrialist LL.D. Henry M. Wriston, president emeritus, Brown University LL.D. John Kenneth Galbraith, economist and author LL.D...
True or not, there is plenty of pressure from all sides. London's Economist calls for a 300% hike in the price of gold to bring it in line with other increases, and every miner hopes for a price boost to pay rising costs and improve profits. A more important argument for a higher gold price is that it will help foreign trade. Financial men argue that the world simply does not have enough gold. South Africa's W. J. Busschau, manager of the New Consolidated Gold Fields, Ltd. and one of the world's leading gold...