Word: planning
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Dates: during 1960-1969
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...Administration looms ahead on Nixon's nomination of Judge Clement Haynsworth to the Supreme Court. A hard count of Senate votes taken by the Republican leadership showed at week's end that a minimum of 53 Senators, including 17 of the Senate's 43 Republicans, plan to vote...
...second available weapon, the withholding of Health, Education and Welfare Department funds from noncomplying school districts. In August, HEW Secretary Robert Finch, supported by Attorney General lohn Mitchell, granted 33 Mississippi school districts a grace period of three months, until Dec. 1, to adopt a HEW-drawn plan for desegregation. Actual integration would have been delayed even further...
Prospects for Passage. Though approved by the Finance Committee, the R & R bill faces obstacles before it reaches the President's desk. Oil-state Senators plan to fight for restoration of the depletion-allowance cuts on the Senate floor, and liberals will attempt to soften the restrictions on foundations. A conference committee will have to resolve the differences between the House and Senate versions of the bill. Still, ultimate passage of some kind of relief and reform bill is certain. Although it believes the Senate version will result in less short-term revenue loss, the Treasury Department has placed...
...design for a new airplane, the model can be "tested" in a computer without the risk of painful mistakes. Even if the results are not wholly accurate, the discipline of building a model enhances understanding of economic problems. Modelmaking is an important part of France's Le Plan, and in the U.S., the Federal Reserve Board is trying econometrics to aid its forecasts of business activity...
Ragnar Frisch, who is widely regarded as the father of the modern planned economies of Scandinavia, believes that computers will soon help make planning popular in all countries. But he admits that models are far harder to build for rich, complex countries than for simpler economies. "Frisch and I started this work in the 1930s, in the days of the economic depression," says Jan Tinbergen. "We wanted to draw a plan to fight depression causes and keep unemployment under control." In recent years, Tinbergen has devoted all of his time to the problems of underdeveloped countries, where econometrics seems well...