Word: lastly
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Dates: during 1950-1959
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Enrollment for one of the two-week periods is around 16; the students in the first session last summer, which covered libertarian philosophy, included an elderly osteopath and his wife from Arkansas, two teachers from Rockford, Ill., two Milwaukee businessmen, a young psychologist now at Columbia, a Baptist minister from Colorado, and a professional anti-Communist from the West Coast...
...most important aspects of the analysis is that it allows a detailed study of the sectors of the economy and their effects on each other and on the economy as a whole. It can bring to account every transaction in goods and services. Final demand, which appears down the last right-hand column, is the total of intermediate demands of the industrial sectors, private consumers, government, and overseas customers, plus gross investment. The dollar value of final demand for a particular sector is equal to the sum of the inputs that go into that sector. Inputs are totaled...
...Russians have also manifested interest in input-output analysis, and are now training people to perform the necessary operations. Leontief, who visited his native Russia briefly last spring, believes that although they are "having a hard time justifying the use of an analytical tool developed by a capitalist," the Russians will resort to it soon. Certain revisions have to be made in U.S.S.R. statistical methods in order to facilitate use of the analysis, Leontief added...
...interested people all over the world. The demand for these reports has become so great recently. Mrs. Gilboy remarked, that soon some charge will have to be made. Leontief plans to publish a series of small volumes to present the results of research made since 1953, when his last book (The Structure of the American Economy) on the project, was released...
...spite of the adoption of input-output analysis by 35 interested foreign countries, the United States government has completely neglected the system in recent years. The last table devised for the U. S. economy was the 450-category chart made up in 1947. Interest at that time was occasioned by a wish to know the impact throughout the economy of an expansion of government spending on arms--the extent to which other types of production would have to contact, and the "bottle necks" that might arise...