Word: idea
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Dates: during 1960-1969
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...three winners are still actively engaged in research, Delbruck at the California Institute of Technology, Luria at M.I.T. and Hershey at the Carnegie Institution of Washington's genetic-research unit at Cold Spring Harbor. Only a fortnight ago, when the three met and compared notes, none had any idea of the honor that the next week would bring...
Computerized Job Bank. As a policy adviser, Burns' record is uneven. He opposed repeal of the 7% investment tax credit-and lost. He won on another question by persuading the Administration to come out against taxing the interest on state and municipal bonds. He sold Nixon on the idea of a computerized job bank that would list jobs offered by employers all over the country to aid in placement of the unemployed. On the other hand, the President sent to Congress a billion-dollar program to combat hunger, despite Burns' strenuous objections that it was unnecessary and cost...
...Helen Bernstein, a onetime schoolteacher. Burns became an expert on business cycles, tracing 600 economic indicators through their ups and downs, and isolated 21 that gave an early guide to the direction of the economy as a whole. By the time Eisenhower entered the White House, Burns was an idea man whose time had come. A recession had begun...
...kitchen computer" programmed to help the U.S. housewife plan her meals and balance her checkbook. Though Honeywell might sell some to millionaires who have everything, the product could be the precursor of much cheaper small computers for the home; other companies are already working on the idea. Singer recently announced that its Friden office-equipment division will bring out at least one new product a month for the next year. "Developing new products is like a gigantic crap game," says Boone Gross, former president of the Gillette Co. "The cost of failure-either by not getting into the game...
...Lines has asked for a renewal of the subsidy, but has made no great show of enthusiasm for the idea. The ship often carries fewer than the 1,500 passengers that it needs to break even on a North Atlantic run, and it loses nearly $5,000,000 a year...