Word: jans
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Dates: during 1960-1969
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CAPRICORN-The Goat, Dec. 22-Jan...
AQUARIUS-The Waterman, Jan...
...strikes. Leaders from all 16 Ford unions approved, and the committee's chairman called the deal "bold and imaginative." Similar sentiments were voiced by Barbara Castle, Minister of Employment and Productivity, who has been pressing for a major labor reform, chiefly through sharp restrictions on wildcat strikes (TIME, Jan...
...critics are directing their fire from grounds first staked out by Economist Milton Friedman, who contends that the nation's money supply should be expanded within a fairly steady range of 2% to 6% a year-just enough to match the "normal" pace of economic expansion (TIME, Jan. 10). To go above or below these limits, he says, is to invite inflation or deflation. The board in recent years has shifted radically and rapidly from tight money to easy money and back again, sometimes increasing the money supply at an annual rate...
...resign. Martin never took the hint. Today's Federal Reserve governors are mostly Democratic appointees and, for the first time in many years, the board stands to the left of the Administration. But President Nixon has pointedly asked Martin to stay on until his term expires next Jan...