Word: economists
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Dates: during 1970-1979
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...SATAN DEAD? This stark headline on the cover of London's prestigious Economist was typical of the foreign press reaction to the Jonestown massacre. As so often happens in moments of great American triumph or tragedy, the world press gasped, grimaced and then gushed forth explanations. Several foreign weeklies published long stories on both the deaths of 911 Peoples Temple members and on the general phenomenon of cults in the U.S. Surprisingly, only the Communist press used Jonestown as an occasion for lashing at U.S. society as a whole...
...Economist struck the most sobering note. Attributing the rise of modern cults to the decline of traditional religious belief among educated people, the weekly observed: "What happened in Jonestown, Guyana, is a ghoulish cautionary tale for these people who, in these differing ways, are seeking God in a secular world. In that search for God, it is all too easy to blunder into the arms of Satan instead." Added the Vatican news paper L'Osservatore Romano: "Christianity is a religion of life, not of death." West Germany's Stuttgarter Zeitung philosophized less cosmically: "It was not just...
...Maverick Economist Alfred Kahn has a penchant for candor that is both refreshing and dangerous in Washington. When he said that there is the possibility of a "deep, deep depression" if inflation continues to soar, the President was furious. Kahn responded by purging the word depression from his vocabulary and instead using "banana." So he now says: "We're in danger of having the worst banana in 45 years...
Irving has served as ambassador to Iceland and as deputy assistant secretary of state for educational and cultural affairs. He entered the government in 1946 as an economist in the Bureau of the Budget, and joined the State Department...
...first Saudi to hold the post, Qoreishi is a graduate of U.S.C., but he had no previous banking experience. Western diplomats who deal with them say the Saudis fear that if they go into long-term investments they will be conned by fast-talking flimflam artists. Richard Erb, an economist who once watched Saudi policy for the U.S. Treasury, adds that the Saudis will not buy gold because they are afraid of being seen as "dumb Arabs" who do not know what else to do with then" wealth...