Word: shrewdness
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Dates: during 1960-1969
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...governorship. His legislative record is studded with progressive statutes in the fields of civil rights, welfare and labor relations. He has invested heavily in public community colleges, kept the state treasury in surplus. Thus deprived of ammunition, the Democrats are reduced to accusing him of being merely a shrewd, superficial operator who steals Democratic programs...
Confusing Answer. What will succeed Franco? Spaniards wish they knew. No one expects a return to civil war. "There are too many committed interests ready to stand in the way of radical upheaval," says a shrewd observer of the Spanish scene. But there is bound to be change; the mystery is, what kind. The official answer is that the machin ery for the transition and continuity of the regime already exists, outlined in six "fundamental laws" that date back to 1947-the closest thing Spain has to a constitution. But the laws are confusing, vague, overlapping and even contradictory...
...Shrewd Choice. In the office next to Duesenberry's customarily cluttered cubicle in Harvard's Littauer Center worked the man he will replace on the CEA: Otto Eckstein, the council's expert on unemployment, steel prices and steel productivity. Eckstein, named to the council in May 1964, must return to Harvard because his original one-year leave, already extended at Lyndon Johnson's request, is expiring...
...academic leave runs until September 1967. His appointment to the CEA, the President's third in a row from the faculty of Harvard or Yale, will leave the council's economic complexion virtually unchanged. Economists across the U.S. seem to agree that the choice was shrewd. "He fits right into the middle of CEA thinking," says Bob Roosa (for whom Duesenberry was a Treasury consultant). "He's a theorist with the quality of judgment." Considering the delicacy of the decisions he will help make, Duesenberry should find plenty of scope for that range of talent...
...Bills, Bigger Profit. Successful bartering requires shrewd contacts and lightning communications. The largest, oldest and best-known barterer is Lausanne's Andre & Co., an 88-year-old firm that last year handled transactions worth $1 billion. Brothers Georges and Jean Andre have 5,000 worldwide agents, a fleet of 15 freighters, leased telex lines to North and South America and, reputedly, Switzerland's largest telephone bill. Bartering has particularly profited from increased East-West trade because Comecon nations like to do at least part of their dealing in merchandise. In their latest transaction, the Andre brothers shipped diesel...