Word: economists
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Dates: during 1960-1969
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...discusses whether or not Jesus was a coward, a martyr, a proselytist, a bigot, a communist, an economist, a biologist, and other things. he argues his view of the apostle Paul as "a man of genius" but "violently anti-Christian." He presents discussions of free will, marriage, sex, celibacy, miracles, baptism, immortality, and hell. And he winds up with his reasons for believing that Jesus was "a thorough-going ant-Clerical...
...classic example of underestimation," says Martin Gainsbrugh, chief economist for the National Industrial Conference Board, "is the Trillion-Dollar Economy." In terms of gross national product, the U.S. was not expected to reach this thousand-billion-dollar mark until about 1975. It now appears that the figure will be achieved either in 1970 or 1971. And a tremendous number of business and economic decisions rest upon accurate estimates of the G.N.P...
There is a sort of psychology working in favor of such underestimations. Explains Conrad Jamieson, the vice president and chief economist of Los Angeles' Security First National Bank: "If you underpredict, you can always say, 'Gee, we did even better than I had predicted,' and it's not so bad. But then if you say, 'Well, we didn't do as well as I thought we would,' you look a lot worse...
...carton of U.S. cigarettes). As economic boss of occupied West Germany, Erhard courageously exchanged only 6½ Deutsche marks for every 100 of the old marks, thus wiping out the cash savings of most of his countrymen for the second time in a generation.* A laissez-faire economist, Erhard followed currency reform by abolishing price controls and rationing. "The only chance I had," said Erhard, "was that people were telling themselves: 'Our situation is so desperate that this crazy man should have his opportunity.' Miracles don't happen, but miraculous results can be achieved by a determined...
...alike, routinely threatened-if not actually practiced-by students, racial militants and antiwar dissenters. Such fears sound odd coming from, say, the impeccably rational Frenchmen who only recently applauded student anarchists in Paris. Even so, the U.S. is undeniably starting to lead all advanced Western countries in what Swedish Economist Gunnar Myrdal calls "the politics of assassination." No French President has been murdered since 1932; West German leaders go virtually unguarded; the last (and only) assassination of a British Prime Minister occurred...