Word: expansionism
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Dates: during 1950-1959
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To get the story, Correspondent George Bookman went on a five-week trip to seven European countries in the course of which he interviewed 96 top government officials, economists and businessmen. His report, bolstered by additional material from TIME'S European and U.S. bureaus, brought into focus a new...
Man has thus far survived the challenges of nature by adapting to and overcoming them. Has the human race lost its self-confidence? The only progress the race has made has been through expansion and growth.
In spite of the adoption of input-output analysis by 35 interested foreign countries, the United States government has completely neglected the system in recent years. The last table devised for the U. S. economy was the 450-category chart made up in 1947. Interest at that time was occasioned...
The slight easing had no effect on interest rates. The U.S. Treasury last week sold its 13-week bills at 4.5%, the highest point in history for its shortest-term borrowing, partly because only the week before it had drawn heavily on short-term funds with a $2 billion offer...
IS the Russian economy growing faster than the U.S.'s? Budget Director Maurice Stans last week decried the "cult of growth," which would spur federal spending, unbalance the budget, and touch off another burst of inflation. But International Business Machines' Thomas J. Watson Jr. called for new federal...