Word: economists
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Dates: during 1960-1969
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Organization X. Although the "proof" of his Communism consisted of nothing more than that he had helped Swedish Economist Gunnar Myrdal write...
...both the Queen's English and the American variety. It has been hailed by scholars, businessmen, diplomats, technicians and others who work in the two languages. Lexicographer Gullberg subscribes to and carefully reads 40 English-language publications, including the London and New York Times, the Financial Times, the Economist, the Guardian, TIME and LIFE. His first and main source of new English words and terms is TIME. When our Stockholm correspondent asked him why, he in turn asked: "Where else can I get a publication that gives such coverage to every branch of human activity...
...level that the President's Council of Economic Advisers regards as full employment. The high-living U.S. consumer shows no sign of ending his five-year shopping spree, is currently spending 950 out of every $1 he earns. So durable is the boom, said the London Economist, that "analysts and businessmen may even stop counting the months...
Next year's budget, says the White House, will hit a record $105 billion to $107 billion, may be as much as $8 billion in the red. Yet few economists fear that the U.S. will suffer the kind of inflationary surge that accompanied the Korean War. In the early 1950s, defense spending doubled and then tripled, straining to the limit an economy whose G.N.P. was half what it is today. As a White House economist said last week: "It's a different ball game...
KEITH BUSH Economist Munich, Germany...