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...metals output, and chunks of its banking, electricity, transport and armaments. With a bare 17% of its investments. La Générale also controls at least half the economy of the Congo and, by cooperating with all of that nation's disputing factions, still manages to prosper...

Author: /time Magazine | Title: Business Abroad: The Belgian Queen | 12/8/1961 | See Source »

Down with Superblocks. Successful neighborhoods, Mrs. Jacobs argues, may have all the earmarks of slums but paradoxically have great vitality. In Boston's North End district, for example, rents are low, the blocks are small but densely populated, and small shops prosper. Streets and sidewalks sparkle with activity; everybody knows everybody else, and outsiders like to stroll there. And in the face of all the city planners' tenets, North End has the lowest delinquency, disease and infant mortality rates in the city. Yet planners keep talking of the need to "redevelop" North End, and bankers almost always refuse...

Author: /time Magazine | Title: The City: Deplanning the Planners | 11/10/1961 | See Source »

Kennedy's best hope for reaching a balanced budget next year is that the U.S. economy will prosper sufficiently to bring in the big load of extra tax money he needs. That hope is not as great as it was only a few months ago. Last month top industry economists told Kennedy's Council of Economic Advisers that they expect a slower upswing in the economy than formerly. The economists now look for the national output of goods and services to reach $560 billion in 1962, a good gain over 1961 but lower than the $575 billion recently...

Author: /time Magazine | Title: The Economy: New Frontier's New Frugality | 11/3/1961 | See Source »

Even then, Jones foresaw sharply increased Pentagon pressure for higher performance, and sharply increased competition among companies for the defense dollar. How could relatively small Northrop prosper? One answer, Jones concluded, was to concentrate on making selected parts rather than entire systems: "Whatever we could do exceedingly well, we would exploit; whatever we were second best in, we would drop...

Author: /time Magazine | Title: Technology: A Place in Space | 10/27/1961 | See Source »

...Second Deterrent. If the casualties from an atomic attack could be so dramatically reduced, the U.S. could almost surely arise from the rubble, fight back, survive, put together a society again and, ultimately, prosper once more. That ability in itself might well serve as a deterrent second only to the nation's retaliatory military might in preventing an aggressor from launching his attack. It is in that realization that the U.S. Government, after years of paying lip service to civil defense, has begun to move...

Author: /time Magazine | Title: Civil Defense: The Sheltered Life | 10/20/1961 | See Source »

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