Word: gardners
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Dates: during 1960-1969
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...Case of the Final Fade-Out," the last new episode of this nine-year-old series, which is now being turned out to the pasture where the reruns grow. Three producers of the series will appear as extras in the episode, and Author Erie Stanley Gardner will play the judge. The plot is appropriate: a TV producer is found strangled with one of his own films...
...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. Attitudes are much less boomy than they were...
...against poverty so difficult an undertaking. Even so, the U.S. Government is officially committed to a long-term total effort that cuts across every federal department and involves every program that in any way relates to the environment that perpetuates poverty. Last week Health, Education and Welfare Secretary John Gardner created the new post of family-planning coordinator to give fresh impetus to birth-control programs-a field that the OEO has treated gingerly despite evidence that the poor have the most children, and grow poorer as a result...
...Gardner Ackley, chairman of the Pres ident's Council of Economic Advisers, told businessmen that they have no reason to raise prices, because they are earning so much already (see following story). Pointing out that profits after taxes jumped 88% between early 1961 and late 1965, he said: "It is time to ask whether a further rise in the share of profits in the national income is in the interest either of the health of the nation's economy or in the interest of business itself." Treasury Secretary Henry Fowler declared that the economic outlook is so uncertain...
...noted last week that some Communist countries are beginning to appreciate the value of the main motive force of the capitalist economy: profits. "In Eastern Europe," said he, "profits are coming to be understood as a better measure of productivity." Almost as the President was speaking, his top economist, Gardner Ackley, was publicly faulting U.S. corporate profits. Indeed, much of the current nervousness in the stock market and most of the worry among businessmen stem from fear that whatever the Administration does to fight inflation-through taxes, credit policy or controls -will somehow be aimed mainly at business profits...