Word: economists
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Dates: during 1960-1969
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...five other carriers: Pacific, Pacific Southwest, Western, United and TWA. Last year the big boys hauled 4,000,000 passengers over the 347-mile run between San Francisco and Los Angeles, the world's most heavily traveled air corridor. The idea that the corridor needed more branches struck Economist William E. Myers, 32, as he wrestled with Orange County statistics at his small market-research firm in Newport Beach. After all, with a population up from 216,000 in 1950 to 1,200,000, Orange is the fastest-growing metropolitan county in the U.S. As the home of Disneyland...
...Economist Walter Heller, CEA chief under both Kennedy and Johnson, gives the economy "a fifty-fifty chance of overheating" by winter...
...year opposition to devising any contingency plans at all and its generally unpopular demand to study whether the price of gold should be raised. Comparing the Six's action to Britain's ill-fated prewar efforts to placate Adolf Hitler, Britain's weekly The Economist fumed: "Munich has once before been a synonym for the unsuccessful appeasement of unreason. It may have become so again...
Discounting the Drop. Many an economist, businessman and politician, though heartened by the figures, still had to be shown. But not the stock mar ket. Investors have largely discounted falling profits; no sooner did Chrysler Corp. announce a 71% drop in earnings than Chrysler stock went up. What interests the market now is the general economic outlook. On Administration reassurances that it is going to get better, the Dow-Jones industrial average rose for seven straight trading sessions, closed last week...
Died. Ruth Houghton Axe, 67, economist and financier, the only woman to head a mutual fund, who met her writer-economist husband, Emerson Wirt Axe, while she was assistant editor of the Annalist, a financial weekly, in 1932 formed with him E. W. Axe & Co., investment counselors, helped run the firm until his death in 1964, then took the reins herself, directing with boundless energy its four mutual funds and private-investment accounts worth $500 million from a turreted 45-room Westchester County castle; of a heart attack; in Tarrytown...