Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...that such favorite Labor Party targets as the bloody consequences of Tory colonial policy in Kenya and Cyprus seemed unlikely to cut much ice. The real issue in the election is the rising standard of living and its continuance. On that score, wavy-haired Hugh Gaitskell, Oxford-trained economist who was Chancellar of the Exchequer in Labor's last government, was in the awkward position of arguing: "We can do it better." Last week, with unemployment dropping and installment buying at an alltime high, Britain, was riding a wave of prosperity so general that even a delegate...
...Economists worry that businessmen tend to "bunch up" their investments, overspend for capital goods and inventories in good times. "The up-and-down cycle exists simply because businessmen do not believe it exists," says a top Washington economist. "They base capital-spending decisions on a straight-line projection. Because business has been good in recent months, they figure it will never slack...
Manhattan Bank Economist William Butler, "is to moderate the boom...
...billion, raised the total to $52.1 billion, fast approaching the alltime high of $54.2 billion in mid-1957. But in July, inventories rose by only $100 million. The steel strike is another major factor in slowing inventory buying. "Steel is having its recession right now," explains a steel company economist. "Deferred demand will mean good and profitable business for us at least through...
Economic slowdowns from one cause or another are inevitable, says Economist Paarlberg. They are the price of economic progress. The economy does not grow in a smooth upward curve, but in a series of jumps. It has become so big and dynamic that when one of its major segments slacks off the pace, another segment begins to pick up speed. For these reasons, many economists believe that any future downturns are bound to be milder and briefer than in the past. Furthermore, the economy's built-in stabilizers are becoming steadily more effective. Unemployment funds and pension plans...