Word: itness
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Dates: during 1950-1959
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All over the world, there was clear and heartening evidence that the American conception of a modern, modified capitalism, in which benefits are shared by all, had been wholeheartedly adopted by the Old World, which once restricted the benefits to a comparative few. Anyone with eyes to see could find...
(10 of 11) unwilling to practice what it has been preaching, then it will find that the world has it by the tail."
These sound practices are as well known abroad as they are in Washington. With a budget in balance, the U.S., says British Economist Graham Hutton. must take normal corrective measures to get its balance of payments in order. Button's prescription is for the U.S. to reduce foreign commitments...
The Test of Vigor. More and more research is needed. Although industry spent $10 billion on research this year, it will have to spend still more. "The company that stints on research these days," says General Telephone & Electronics President Don Mitchell, "will give some short-term gain to its profit...
The challenge from the world is plain, and so is the solution. "If one thing is clear," says Standard Oil (N.J.) Chairman Eugene Holman. "it is that we cannot go back. Weary slogans, old patterns of thought will not be too useful in the 1960s." As Holman and many another...