Word: productive
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Dates: during 1950-1959
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...sputnik to give them something to shout about. Their "moonitchko" is only the result of a desperate gamble to catch the imagination (of the Russians) and the headlines (of the West). To yell at our own scientists and planners because they are taking their time to produce a product for space research is merely harmonizing with Nikita's tune and falling for the decoy...
Berlin to Baghdad. In their thrusting enthusiasm to take Erhard's advice, West German enterprisers have kept boosting the country's gross national product at an annual rate about twice that of the U.S. (see chart). Unemployment has effectively vanished, workers' real wages today have advanced 60% since 1950. By 1955 steel output reached 2,000,000 tons a month, topping that of the Reich and establishing Germany as Europe's foremost producer and the world's third (after the U.S. and U.S.S.R...
...competitors. Says French Engineer Gaston Duverger: "All over the world German salesmen are walking circles around us." In Iran practically all buses running are now Mercedes-Benzes. Two of Baghdad's proud new bridges are German-built, as is the new one across the Nile at Cairo. The products of Bayer's giant Leverkusen works now fill the drugstores of Southeast Asia. Three years after the French gave up Indo-China, half the cars in Laos are German-made; in an auto race in the Belgian Congo, Volkswagen took the first eight places. The heavy-machinery firm DEMAG...
Harris said last night that the committee had felt that credit relaxation would be a matter of "playing by ear." He felt, however, that such relaxation was imperative, as the economy is showing "signs of recession." Under the tight money policy, he said, the national product has not been increased at 3% a year, the rate necessary to prevent unemployment...
After decades of research to find a contraceptive pill, doctors have now been swamped with synthetic steroid hormones that work both ways: they will either prevent conception or encourage it, depending on how they are given. The first such product was announced by Chicago's G. D. Searle & Co. (TIME, May 6); this also had stop-and-go power over the menstrual cycle. Last week three drug manufacturers joined the New York Academy of Sciences in sponsoring a Manhattan conference which received progress reports on the varied and potent effects of several "progestagens" (progesterone-like hormones). Outstanding items...