Word: productive
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Dates: during 1950-1959
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...been called soft and tough, resourceful and unskilled, unbelievably brave and unbelievably timid, thoroughly disciplined and scornful of discipline. One way or another, all of these generalizations are valid. He is a peculiar soldier, product of a peculiar country. His two outstanding characteristics seem to be contradictory. He is more of an individualist than soldiers of other nations, and at the same time he is far more conscious of, and dependent on, teamwork. He fights as he lives, a part of a vast, complicated machine-but a thinking, deciding part, not an inert...
...producer who is losing money on any particular product may raise the price of that product enough to 1) "make it profitable," or 2) to compensate for increased manufacturing costs since the start of the Korean war-whichever is lower...
When Pravda, the loud-yapping signal-caller of Communist journalism, recently blasted U.S. college football as the brutal product of predatory capitalists, i.e., college trustees, Sportwriter Nat Low of Los Angeles' Communist People's World took the handoff and scampered down the field with the ball...
Profits & Potential. In going after the auto industry, the Government could hardly have given a better example of how not to control prices. The price stabilizers had completely forgotten the lesson of World War II that prices of an end product cannot be effectively controlled unless prices of all the raw materials going into it are also held down. To be successful in his attempt to control auto prices, Valentine would have had to control prices and wages all down the line-in fact, put the lid on a major segment of the entire U.S. economy. The auto industry consumes...
Leon Keyserling, chairman of the President's Council of Economic Advisers, likes to dream big. A year ago, he thought the U.S. would soon have a gross national product of $300 billion. With that goal already in sight (TIME, Dec. 4), Keyserling last week started dreaming again. Said he: under the stimulus of war spending, the gross national product should rise to $500 billion...