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Many a Jewish doctor, lawyer or teacher seeking refuge in Palestine from the venom of Hitler's Europe was forced to earn his living by manual labor. This humbling necessity for common survival led in the new nation of Israel to a basic belief that no man was better than another, and hence should be paid no more. In the Israeli economy, teachers, doctors, civil servants and other professionally trained men were all paid workmen's wages. Any attempt to raise the scale for professionals is promptly met by an equal demand on the part of organized labor...

Author: /time Magazine | Title: ISRAEL: Just Too Equal | 3/5/1956 | See Source »

...page manual, An Introduction to Economic Reasoning, was written by three top economists' Brookmgs' Dr. Marshall A. Robinson Dartmouth's Professor Herbert C. Morton and Dr. James D. Calderwood of Claremont Graduate School in Claremont, Calif. The book propounds no startling new theories, is intended only as a primer on the U.S. system. It covers the economy from consumer demand to unions, uses crisp, know-it-yourself language to unravel technical gobbledygook, e.g., "multiplier principle," "countervailing power...

Author: /time Magazine | Title: Business: THE RIZE OF ECONOMIC ADVISES | 2/6/1956 | See Source »

...model of its Corvette in an attempt to overtake Ford's Thunderbird, which outdistanced all competitors with 16,000 units in 1955. The 1956 Corvette still sports a plastic body, but boosted horsepower 15% to 225 h.p. Optional: a power-operated top and a floor-mounted manual shift (instead of Powerglide...

Author: /time Magazine | Title: AUTOS: Sporting Life | 1/16/1956 | See Source »

...procedure in the new manual derives directly from the Harvard formula for determining need--estimating the amount parents can devote to their children's education. This was devised by John U. Monro '34, Director of the Financial Aid Center, and a moving force in the formation...

Author: By Jack Rosenthal, | Title: Harvard Formula Need On Nation-Wide Basis | 12/20/1955 | See Source »

Before publication of the manual, the CSS only collected financial information from applicants to member college on a uniform application and sent Photostats to the schools requested by the applicants. It then compiled from the colleges the amount of the grants offered scholarship candidates, and this month will distribute a confidential list of comparative amounts...

Author: By Jack Rosenthal, | Title: Harvard Formula Need On Nation-Wide Basis | 12/20/1955 | See Source »

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