Word: pasts
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Dates: during 1950-1959
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...worries about price upcreep, argue that "mild" inflation does no harm. Harvard's Professor Emeritus Alvin Hansen, grand old man of the a-little-inflation-never-hurt-anybody school, points out that prices edged upward at an average rate of 2⅓ a year over the past 60 years, while the U.S. was achieving history's most remarkable record of economic growth...
Against him, some U.S. economists argue that to equate past and present price upcreep is unsound, that creeping inflation is a graver menace than it used to be. Economist Burns points out that the past few decades have gradually brought two new inflationary factors into the U.S.'s economic structure: 1) Big Labor's power to force wages up even when demand is falling, and 2) Big Business' tendency to eliminate price competition, set profitable "administered prices," and restrict cornpetition to quality, styling, service, etc. The combined result, says Burns, is that instead of slipping downward when...
Schaus's party won, and last week, when the new government was formed, the furor over the accidents produced a major casualty. Portly, white-haired Joseph Bech, 72-a Christian Socialist who has been Foreign Minister for the past 33 years and a familiar florid figure at nearly every international conference since League of Nations days, in the company of the famed from Lloyd George to Macmillan-lost his job. The new Foreign Minister: Eugene Schaus...
...will let them skip routine college courses. Last week, deep in plans for improving his academy, Headmaster Kemper explained his purpose-to meet "an era of unparalleled rapidity of change with new ideas, new attitudes, and new techniques and tools, while holding fast to the enduring values of the past...
...fantastic Congressman Harmon's business was obviously public business, and as such, it was the latest in a series of exposés on congressional nepotism, payroll high jinks and money-hungry Congressmen that have boiled out of Capitol Hill in the past two months. And the man behind the Harmon story was the newsman behind the entire series: Scripps-Howard's lean, bow-tied Vance Henry Trimble, 45, a shirtsleeve reporter who got his beats by dogged digging in a city where newsmen often settle for the mimeographed handout and the formal press conference...