Word: economists
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Dates: during 1960-1969
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...Bell, who will become vice president in charge of international programs for the Ford Foundation, confessed that his long-running performance had left him "bushed and broke." AID, by contrast, is in surprisingly good shape. In the face of persistent Congressional assaults on the program, Bell, a Harvard-trained economist who was summoned to Washington in 1961 as President Kennedy's first budget director, helped trim the fat by rejecting the notion of aid as "a worldwide welfare program" and insisting on "self-help...
...Gaulle, who was seated beside Klavdia Kosygin (Mme. de Gaulle's hostess throughout the week), loved every minute of it, especially the dueling scenes. He was also happy the next day, when the political talks took a more favorable turn. This time the main interlocutor was Economist Kosygin, who apologized for Soviet failure to deliver on 1964's Franco-Russian trade agreements. Said Kosygin: "You are too expensive." Still, he offered to speed up the retarded orders, and his underlings announced only a few hours later that the French firm Chausson had received a large contract for auto...
...land in Yugoslavia is still privately farmed. "We exported grain last year," shrugs a Belgrade official. "How many other socialist countries export grain?" The government is in the process of handing over more and more independence to local factory management. "Within five years," says a Belgrade economist, "our factory managers will control, without state interference, the spending of 75% of their gross...
UNIVERSITY OF MICHIGAN John Kenneth Galbraith, LL.D., economist. To the delight of his friends and the confusion of his enemies, he makes his presence felt in realms of practical thought and decision...
...Boom Slayer. Roche may have a touch of the typical automan's optimism, but other seasoned economy watchers agree that business is basically sound. "A recession is certainly not imminent," says Harvard Economist John V. Lintner. "Business is very strong." Echoes James Robertson, vice chairman of the Federal Reserve Board: "Too much is being made of the auto figures and the market performance. When matched with other straws in the wind, neither of these developments means much." Even so, Gardner Ackley, the President's chief economist, says: "Some of the tremendous exuberance has gone out of the economy...