Word: product
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Dates: during 1960-1969
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...report forecasts a slowdown in the growth of the gross national product to about $47 billion, or 4% in stable dollars, compared with the too-swift expansion of $58 billion (51%) last year. Anything more than 4%, the council says, would surpass the nation's capacity in both plant and manpower. The trick, of course, is to keep the slowdown from going too far and prices from rising too fast. Last week banks began lowering the prime rate of interest, giving important evidence that the Administration's prediction of easier credit had foundation (see U.S. BUSINESS). Housing...
...money, Milos Forman is the first really important product of the overrated Czech-Polish "renaissance." In Loves of a Blonde,he dissociates himself from the more adulated Slavs. There is none of their relentless virtuosity-none of Wajda's beautiful but monotonously static compositions, none of the bludgeoning Polanski's Wellesian low angels and shock cuts, none of the coy mysteriousness common to Shop on Main Street and Joseph Kilian. Forman is more Western in temperament, a humanist in the Renoir-Truffaut-Olmi line of descent...
...using the regents' fund "just to balance the state budget one year," pointed out that it had financed such pioneering projects as Physicist Ernest Lawrence's cyclotron studies. Financier Norton Simon, calling on his own business experience, warned against any budgeting that reduces the quality of the product. "I wouldn't tear down the very root of what's been built," he declared. "This is the falsest kind of economy...
...McDonnell and to be called the McDonnell Douglas Corp., will be the fourth largest U.S. aircraft maker-after Boeing, North American Aviation and Lockheed. The merger will produce benefits for both partners. McDonnell, which has always built military aircraft, will be able to spread its product line, increase its earnings with such well-regarded commercial airplanes as the Douglas DC-8 and DC-9. And Douglas, with McDonnell's backing, should now be able to get loans of about $400 million that bankers were loath to make because of Douglas' shaky financial position. Badgered by delays in parts...
...purpose of education is to educate, not to promote a synthetic integration by numerically balancing ethnic groups in the classroom...Mature, self-confident and mutually respectful relations between the racse are more a by-product of sound moral education than the automatic result of integrated schools; and the integration of neighborhoods--and of their schools--will inevitably follow upon the establishment of this mutual respect...