Word: economists
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Dates: during 1960-1969
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...been a place that intellectuals flee from, but a place they flee to. Britain's C. P. Snow has summed it up: "During the past 20 years, the U.S. has done something like 80% of the science and scholarship of the entire Western world." Chicago Economist George Stigler guesses that in the Athens of Pericles, full-time intellectuals numbered only about 200, or one for every 1,500 persons; he puts the number in the U.S. today at around a million, or about one for every 200 persons...
...effort is also being made to satisfy Russia's growing consumer demands both in quantity and quality. Some 400 factories are continuing to experiment with supply and demand and profit guidelines as promulgated by Kharkov Economist Evsei Liberman in an effort to gear the economy away from planning fiat to what buyers want (TIME cover, Feb. 12). Moscow has launched a concerted drive to improve Soviet advertising, even sent the female director of a Moscow store to visit the House of Dior in Paris last month with an eye toward more stylish Russian dress designs. The Kremlin is considering...
More important, apartments once rehabilitated have higher rents. In Boston's Washington Park rehabilitation program, as The London Economist's correspondent noted, "most of the poor who lost their homes cannot afford the new flats and have been rehoused eleswhere." Rehabilitation, though a worthy concept and useful weapon in fighting the spread of blight, neither benefits the poor directly nor does it increase the overall supply of housing...
...first four years, under the stewardship of dedicated, left-of-center Economist Celso Furtado, Sudene plowed $40 million into the area, mostly for dams, power projects, roads and other facilities essential to attract industry. The U.S. chipped in $131 million in development loans and grants, while private investors committed $300 million. Despite ever-increasing bureaucratization, overall production in the Northeast climbed 6% in 1964 (v. a 3% decline for Brazil as a whole). Then, in the wake of the March 1964 revolution, the military decided that Leftist Furtado should be purged; he was replaced by Sociologist...
Princess Radziwill arrived in a long, lime-green silk crepe by Yves St. Laurent, edged with gold. Mrs. Kennedy's guest list had plenty of show business: Conductor Leonard Bernstein, Movie Producer Sam Spiegel and Broadway's Mike Nichols, Sybil Burton and Arlene Francis, plus Economist J. Kenneth Galbraith and Politicians Robert F. Kennedy, Pierre Salinger and Franklin D. Roosevelt...