Word: economists
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...corporate chief to the corner clothier, were captured by Wall Street's Francis I. du Pont & Co.: "The current upswing in business seems to have something for everybody." Only six months ago many trendspotters had worried aloud about a mild recession in 1963, but the 20 professional economists reporting to the semiofficial Business Council last week saw the gross national product rising 4% to $578 billion for the year. This was a modest forecast; many economists anticipate a G.N.P. of at least $585 billion. At the semiannual meeting of the Council's 100 leading businessmen in Hot Springs...
...federal bureaucrats of Lincoln's day to nearly 2,500,000, very few of them dedicated to Lincoln's (or Jefferson's) principle that the state should do for the individual only what he cannot do for himself. Many social critics deplore the prevalent complacency about this. Says Chicago Economist George Stigler: "The trouble is that hardly anybody in America goes to bed angry at night...
Citizen v. Scholar. A.A.U.P.'s rating of professorial freedom to teach and discuss politics is well up from the McCarthy era, but the association's respected president, Princeton Economist Fritz Machlup, questions some limitations left over from then. In relating national loyalty to scholarly integrity, he wants to keep clear the distinction between citizenship and scholarship. As citizens, professors must obey the law like everyone else, but as scholars, "professors have only one obligation: to search for truth and speak the truth as they...
...idea for an Israeli mutual fund originated with Michael Haft, a 39-year-old Israeli economist sent to the U.S. to plead for investment funds at parlor meetings. Haft did not like the unbusinesslike approach. Says he: "The time has come to stop singing the Hatikvah [Israel's anthem] to raise a dollar." Instead Haft settled on mutuals, hoped that $10 million might be raised. He took his idea to Boston Movie Exhibitor Lawrence Laskey, who had large holdings in Bonds of Israel and was equally tired of parlor meetings. Impressed, Laskey bypassed Jewish-controlled investment houses to avoid...
...word recession is rarely mentioned any more, except by those economists who offer a hindsight opinion that the economic standstill may actually have been a "quasi-recession"-which would certainly make it the mildest on record. Now discussion centers on just how far the advance will go. Last week the President's Council of Economic Advisers reported that the gross national product rose to a record annual rate of $572 billion in the first quarter, $2 billion more than the Administration had predicted. Chase Manhattan Bank Vice President William F. Butler figures that G.N.P. will reach $582 billion...