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...Optimist: It might, but in fact it isn't doing so. The total stream of income payments to individuals is holding up very well...

Author: /time Magazine | Title: Trembling Top | 4/5/1948 | See Source »

Flip a Coin. As puzzled at the end of his tour as at the beginning, Economist Crowther said "almost every piece of evidence can be interpreted either way." He illustrated this bothersome ambivalence with an imaginary debate between a Pessimist and an Optimist. Samples...

Author: /time Magazine | Title: Trembling Top | 4/5/1948 | See Source »

...Optimist: Maybe this is the longest upward movement ever known. Why shouldn't it be? It has also covered by far the largest war in history. Is it really conceivable that all the damage and dislocation caused by the war could be put right in less than three years from...

Author: /time Magazine | Title: Trembling Top | 4/5/1948 | See Source »

...last week, a melancholy little note straggled into TIME'S Manhattan offices. It came from the editor of Der Optimist, a small Viennese weekly. Said the note: "We are sorry, that we have to announce you already today, that our paper will stop to appear with the ist of March. The time does not yet seem to be favorable for papers with optimistic titles -at least not in Central Europe...

Author: /time Magazine | Title: AUSTRIA: Der Optimist's Demise | 3/15/1948 | See Source »

...Communist seizure of Czechoslovakia, which coincided with the collapse of Der Optimist, had produced a sobering effect on most Austrians. More than half of their country rested in a Red nutcracker, with Czechoslovakia to the north, Hungary to the east, and Yugoslavia to the south...

Author: /time Magazine | Title: AUSTRIA: Der Optimist's Demise | 3/15/1948 | See Source »

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