Word: economists
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Dates: during 1950-1959
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...George P. Berry, Dean of the Medical School, took issue yesterday with economist Seymour Harris' recent statement that the American Medical Association is motivated by a "trade union" desire to maintain its professional monopoly...
...words were well chosen. The first British reaction was relief that Dulles' joint warning had been averted. In the House of Commons, Eden himself discreetly pointed out that he had avoided "some fulminating declaration." The Economist congratulated him on this "very adroit piece of evasive action." To the U.S. delegation, however, the declaration meant that Britain has in effect agreed to 1) the idea of a Pacific "NATO." 2) some kind of collective military action against China as a possibility if Geneva fails, 3) steps to be taken at once to set up the Pacific alliance as a warning...
...means all economic experts agree with the Administration as to the best methods of halting recession-or with Dave McDonald as to the seriousness of the situation. Writing in this week's New York Times Magazine, for example, Harvard Economist Sumner Slichter recommends complete elimination of all the recently reduced excise taxes as the measure which would "almost certainly be sufficient to halt promptly the contraction of business." Reviewing such indexes as consumer buying, production, inventory adjustment, individual savings and housing starts, Slichter concludes that the recession is nearing an end with or without more Government aid. Says...
...Chancellor of the Exchequer, misses no point. If an opposition speaker misstates what he said, Rab is quickly on his feet to set the record straight in his clear, flat voice. If goaded, his reply is quick and effective. Hugh Gaitskell, Labor's lanky and self-confident economist and Butler's predecessor at the Treasury, pricks him with the barbed wish that some day he may hear a Butler speech which does not talk about "unity, stability, flexibility, and all the other 'itys.' " "Those are all nouns or virtues," Butler retorts, "to which the Right Honorable...
...became a governor of the Central Provinces, and was knighted for his services before going home to become a master of Cambridge's Pembroke College. His uncle, a close friend of Nehru's father, became governor of Burma. His Scottish mother was related to the great liberal economist Adam Smith. The eldest of four children, young Rab left Attock at the age of eight for boarding schools in England's west country. There, and later at Marlborough, one of the top public schools, Rab acquired,an early self-reliance, a retiring manner, and a reputation for scholarship...