Word: economists
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Dates: during 1960-1969
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...gold out of two-mile-deep mines and then bury it in hermetically sealed vaults because, when all other currencies fail, gold can buy anything, anywhere. Particularly prized by political refugees, nervous dictators and indulgent sugar daddies, gold is eternal, objective and anonymous. Says U.S. Economist Sidney Rolfe, a 24-carat expert: "To an American, 100 shares of Xerox represents security. To a European, gold is security...
...equipment by year's end-little more than they invested last year. The G.N.P. will grow 7.5% from an estimated $784 billion to $842 billion on a seasonally adjusted basis, but only half the increase will be real. The rest will be higher prices caused by what NICB Economist Martin R. Gainsbrugh* described as a move "from creeping to cantering inflation" and due directly, the economists agreed, to "fiscal deficits of tremendous proportions...
...group headed by Gainsbrugh: N.Y.U. Professor Solomon Fabricant, Du Pont Economist Ira T. Ellis, Michigan U. Professor Paul W. McCracken, American Airlines Vice President George P. Hitchings, Bank of America Vice President Walter E. Hoadley, U.S. Steel Economist William H. Peterson, N.Y.U. Professor Jules Backman, Bankers Trust Vice President Roy L. Reierson, Ragnar D. Naess of Naess & Thomas, investment counselors, Commerce Department Economist Louis J. Paradiso, and James W. Knowles, research director of the Congressional Joint Economic Committee...
...Harvard economist has attacked President Johnson's recent measures designed to cut down the United States deficit in the balance of payments as reminiscent of Hitlerian economics...
...some defined by the Constitution, some granted by tradition, some arrogated by the man in office. A President is at once head of state and leader of his party, Commander-in-Chief of the armed forces and administrator of a vast bureaucracy, leading legislator and top diplomat, educator and economist, symbol and sage, ribbon cutter and fence mender. Because of his role in shaping legislation affecting the cities, in recent years he has also become "the Chief Executive of Metropolis," as Williams Political Scientist James Mac-Gregor Burns puts...