Word: growth
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Dates: during 1950-1959
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During the G.N.P.'s upswing, the U.S. cost of living held just about steady, meaning that the added output was solid growth, not mere bloating. Last week the Bureau of Labor Statistics announced that in February lower food prices brought the consumer price index down one-tenth of a point to 123.7 (the 1947-49 average = 100). That was two-tenths of a point below last November's record high, and only four-tenths of a point above the March 1958 level...
Most important, Heller found that the chromosomes could be twisted, turned, forced into new alignments. Since chromosomes carry the genetic material that controls growth and heredity, this maltreatment often kept cells from dividing, or caused mutations. Dr. Heller's waves are so specific that a change of frequency or pulsing can limit their effect to a single kind of cell, leaving slightly different cells unaffected. Since cancer cells differ from normal cells, there is a chance (which Dr. Heller does not want to talk about) that they can be damaged by radio waves that do not hurt healthy tissue...
...kicked," said Illinois' Democratic Senator Paul Douglas to Harvard Professor Sumner H. Slichter last week. Belligerent, grey-haired Economist Slichter's cow-kicking had thoroughly be-dazed Douglas' Joint Congressional Economic Committee at the start of its large-scale inquiry into how to achieve economic growth without inflation...
Witness Slichter, 67, seemed almost affectionate toward price upcreep. "A slow rise in the price level is an inescapable cost of the maximum rate of growth," he said. The effects of slow inflation "are by no means as disastrous as they are frequently described." Like most other economists of the a-little-inflation-never-hurt-anybody school, he failed to make the distinction between the short-term direct effects of price upcreep and the much more serious longer-term psychological effects of accepting price upcreep as inevitable and tolerable (TIME, March...
Hunger for Growth. The Midas touch has brought burly Lou Chesler most of the material possessions a man could desire: a 54-ft. yacht, a $250,000 Long Island estate, half ownership of a three-year-old Kentucky Derby hopeful named Atoll, firm control of two growing companies, vast investments in other stocks and Canadian real estate. Still he wants more. Recently he tried to merge Universal with Underwood Corp., got a cool reception and retreated. What makes Lou Chesler run? Answers Chesler: "I just cannot resist the challenge of an obvious business opportunity. Though this may sound corny...