Word: interestingly
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Dates: during 1950-1959
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Erhard is not the sole motor of Germany's booming enterprise. Skinflinty old Finance Minister Fritz Schäffer, fighting stubbornly for his pfennig-pinching budgets, and Central Bank Boss Wilhelm Vocke. keeping alert hands on the nation's interest rates, have helped immensely in preserving the federal republic against inflationary dangers. But Erhard created the proper climate, bulled away the obstacles. Keeping clear of technical intricacies, he preaches the wider doctrine of expanding productivity, the Soziale Marktwirtschaft that might be translated loosely as "free enterprise alive to social responsibilities." It means, he once remarked only half jokingly...
...energy is prodigious, his persistence monumental. On one four-week swing through Latin America ("the continent of the future"), Erhard outlasted two aides, who split the 18-hour daily duty of keeping up with him, outate, outdrank and outtalked his hosts in eight countries, and sparked a tremendous interest in doing business with Germany. Nothing defeats him. Says an associate: "As soon as he recognizes that he cannot get into a house through the front door, he is at the back quicker than the man inside can get there. If he finds both doors locked, he doesn...
...Banker Wallenberg, one of the chief reasons undeveloped countries today cannot find the foreign capital once readily supplied is that the savings in the industrialized countries are too low for the need. With money short all over, they have had to tighten up on credit and interest rates to check inflation, bringing on a survival-of-the-fittest competition among borrowers. Therefore, "projects with relatively low earning power...
...gazed reflectively out the window at Boston Public Garden. "My interest in music began when I was three. I even majored in music at Harvard until my father made me switch to economics...
...long been the hope of University officials that the Houses be the intellectual centers of the community, but over the past 25 years they have certainly not measured up to these expectations. Perhaps the inclusion of graduate students from various areas of academic interest might stimulate a more intellectually active House. Also, a greater attempt to make use of course sections in the House might be made, especially as new construction eases the present overcrowded situation...