Word: economisters
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Dates: during 1950-1959
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...unrestricted chairs as he envisaged have been donated. The newest chair, the Loeb University Professorship, is as yet unfilled. The retirements of Nobel prize physicist P. W. Bridgman '04 and of lawyer Zechariah Chafee, Jr. leaves two more chairs vacant. Holding the five remaining chairs are theologian Paul Tillich, economist Sumner H. Slichter, Middle East authority Sir Hamilton A.R. Gibb, classicist Werner W. Jaeger, and language expert I.A. Richards
Along with its new attention and acclaim the U.S. was confronted last week with searching questions that reflected, perhaps, the fact that one phase of its world role was passing and another beginning. In London the Economist expressed the best-intentioned British misgivings: "The charge that does stand, more accusing than ever, is that the Eisenhower Administration, while having a policy towards the world, has consistently lacked policies for particular parts of it. It has had an attitude, but no solutions-a diagnosis, but no remedies ... If the determination now reported from Washington to wrest out of the present smoldering...
...duck-billed oddity from another world, but a human being inhabiting the same society as everyone else. The great problem is getting him on paper-and in modern dress, recognizing that business has changed from the freebooting days of the tycoon. What fiction now needs, suggests Chase Manhattan Bank Economist Robert A. Kavesh in a survey of current business fiction, is a "greater focus on the corporation itself and more particularly on the executives who govern collectively. No longer the villain of the piece, the businessman may appear in a variety of roles more adequately reflecting the range and variety...
Conservatives hold that the goals of a free society can best be realized by an expanding economy which offers greater opportunity (rather than equal shares) for all. Liberals deride this view as the "trickle-down" theory of prosperity. Yet, as Economist Sumner Slichter pointed out last month, "the benefits that flow from vigorous enterprises are not a trickle. They are an enormous river, as shown by the 19% rise in personal incomes, the 21% rise in labor income and the 47% gain in industrial and plant equipment since...
...Another economist taking part in the symposium, Nathaniel Goldfinger of the AFL-CIO, sharply attacked the president's economic policy for its "dogmatic insistence on reducing governmental economic and social activities...