Word: nomics
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...other forces The Federal Reserve Board may not ease credit to the extent the Administration wishes. The war in Viet Nam seems unlikely to expand again by major pro- portions, but no one can be sure. The international balance of payments remains a constant problem. In the eco-nomic bestiary, Johnson is trying to be owlish rather than bullish or bearish. "There will," he predicts, "be surprises along...
Most Commonwealth leaders had come to London hoping to force Brit ish Prime Minister Harold Wilson to send troops to invade Rhodesia - or at the very least call for a full-scale eco nomic and diplomatic blockade (such as the U.N. unsuccessfully tried against Franco's Spain after World...
...Instead of going through the often grotesque reach required to find "state action," such as the fact that almost every private business requires a state license, Congress has relied on the Supreme Court's willingness to let it regulate almost everything that it claims has "a substantial eco nomic effect on interstate commerce...
...Cruel Jest." Martin Luther King Jr. pleaded for a "G.I. Bill" for Negroes, explaining: "Negroes must not only have the right to go into any establishment open to the public, but they must also be absorbed into our eco nomic system so they can afford to exercise that right. Giving a pair of shoes to a man who has not learned to walk is a cruel jest." King also urged that the Federal Government take stronger steps toward stopping civil rights violence in the South before it happens. Said he: "If our Government is capable of gathering intelligence information...
...nicknames like "Redeemer" (Ghana's Kwame Nkrumah) or "Lion of Malawi" (Nyasa-land's Kamuzu Banda), Nyerere is content to be known as Mwalimu-Swahili for teacher. Where other leaders use their high-powered, government-owned radios for propaganda messages, Nyerere uses his to broadcast casual eco nomic lessons. Recently he translated Shakespeare's Julius Caesar into Swahili, and although after Caesar's assassination Cassius shouts "Uhuru, uhuru!", Tanganyika's Julius was careful to avoid equating himself with Rome...