Word: loebs
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Dates: during 1960-1969
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Senior Editor Marshall Loeb, who suggested the idea, spent many months recruiting TIME's board, seeking members who represent every school of economic thought, all parts of the country and a wide variety of institutions-banks, universities, corporations, foundations, private consulting firms. We hope that our dialogue with the new board will enable TIME to convey a greater range and depth of opinion to an increasingly better informed readership...
...excerpts from the board's initial meeting were compiled by Clell Bryant and Claire Barnett. What does not appear in the excerpts is one little exchange that goes a long way to demolish Carlyle's famous description of economics as "the dismal science." Asked by Editor Loeb to clarify a point during the discussions, Dr. Walter Heller, a former presidential adviser, smilingly replied: "I purposely left that a little vague. I was following the Alex Cairncross dictum. His first rule when making a forecast is: Give either a number or a date, but never both. His second rule...
...group hopes to perform in the Loeb Experimental Theater the week before Christmas vacation...
MARC BLITZSTEIN wrote The Cradle Will Rock in 1937 as a radical "play in music" rather than a musical. The play is a theatrical examination of who controls American society. Since the American power structure hasn't changed much in 30 years, the current production at the Loeb Ex is still a relevant and exciting piece of theatre...
...major weaknesses of the current production is the attempt to modernize a piece which is already so applicable to the present. In Blitzstein's original. Mister. "Number-one-home-snatcher," builds a swimming pool, a park. and a library to justify some shady real estate dealings. In the Loeb production. the swimming pool and the park become a research hospital and a gymnasium. One feels insulted. It's like having the punch line of a joke explained...