Word: researchers
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Dates: during 1950-1959
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...Senate, illustrating the swiftness with which hot political issues sizzle up and then subside in Washington, passed a bill creating a new space agency by voice vote with only a third of its members present. Under its terms, space research and space projects programing would be planned by a seven-man board consisting of a new space director, the Secretaries of State and Defense, the chairman of the Atomic Energy Commission and representatives of three other agencies interested in astronautics (not more than one of them in the Defense Department). The measure now goes to conference to iron out differences...
Eleanor Touroff Glueck, research criminologist Sc.D...
...most important guideposts of the U.S. economy goes by the jawbreaking name of Diffusion Indexes of Business Indicators. The indexes, compiled by the National Bureau of Economic Research, are becoming widely used by major corporations and such top economists as Dr. Raymond J. Saulnier, head of the President's Council of Economic Advisers, and his predecessor, Arthur Burns, to predict the course of the economy. Last week the diffusion indexes gave a signal that the economy had about touched bottom...
Alarms & Accuracy. First compiled by Burns, now head of the National Bureau of Economic Research, the indexes have been expanded and sharpened by Bureau Economist Geoffrey Moore. As with all indicators, the diffusion indexes have produced some false alarms. But the Leading Series has forecast all the postwar recessions. Last May 1957, two months before the economy reached the peak, the Leading group nosed down to signal trouble ahead. But the real warning came last August, when the composite index of all 21 areas started a fast slide...
...million. But the firm came so near to disaster in the postwar defense slump that its directors called in Yankee Banker Charles Francis Adams, of the famed Massachusetts Adamses, to put it back in shape. (Marshall resigned in 1948.) Adams found a storehouse of talented scientists. But they loved research more for its own sake than for profit. Adams began searching for ways to put their talents to work making money, later cut out such money-losing items as TV sets, decided that Raytheon's future lay in increasing Government work. He brought in Harold Geneen, former vice president...