Word: growth
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Dates: during 1960-1969
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...should be curtailed. Paul McCracken, Chairman of the President's Council of Economic Advisers, would prefer much less short-term monetary tinkering by the board. Like many others, he feels that the board would do better to pay more attention to developing long-term policies for steady economic growth. McCracken would also like to see the Reserve coordinate its policy more closely with the White House. He would probably not go as far as some former Johnson economists, who argue that the President should have something like veto power over the Federal Reserve's monetary moves...
Rainwater will be coming to Harvard from Washington University in St. Louis, Mo., where his studies have centered on urban social problems and race relations. Smith, currently at the University of Michigan, specializes in the study of population growth and the application of systems analysis to problems of the environment...
...about and directed towards the black community. Black Theater is entertaining (and not simply because drama-in-black-face is the current vogue), and, more importantly, illuminating. As Peter Bailey writes in Newsweek (February 24), ". . . its raison d'etre is cultural nationalism." Its purpose is to further the growth and self-knowledge of the black audience. In today's theater there is more than ever, before a natural empathy between the black playwright and his black audience; there is no need for an exposition of "the problem," the presumption being that the audience, being black, shares certain basic assumptions with...
McLaren may not have an easy time cutting down the conglomerates. Their growth stems largely from the vagaries of antitrust law?and there is still considerable question about whether the Government has the legal power to stop the trend. Diversification by merger has long been an attractive tactic for industrialists who were anxious to reduce profit-sapping fluctuations in the demand for individual goods and services. It is easier and quicker to diversify by buying a going concern than by starting from scratch. But Government antitrust barriers often stand in the way of combinations within a company's own field...
...Maybe student life doesn't provide what people are looking for," said Bill Carter, trying to explain why techies tech. Later, apologizing for sounding like Dean Ford, he mentioned the Classic Harvard experience--"growth and change." Maybe teching-it is a way to experience that change.AI Symonds, master light...