Word: spiral
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Dates: during 1950-1959
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Disagreeing with Slichter's optimistic outlook, Wassily W. Leontief, professor of Economics, says this inflation is serious because it affects income distribution, and sees no recession in the spiral. "I think it will creep and creep as long as our present military expenditures continue," he said. "We can stand it a very long time. An increase of five to ten percent is not disruptive to the day to day operation of the economy, but would be very disrupting to the social structure...
...decline for the past several years. At the present time there is practically no demand for her services." Despite this theatrical judgment, Ethel again caught the limelight, made a smash hit on Broadway in The Corn Is Green and in Hollywood with None But the Lonely Heart, The Spiral Staircase and Just for You. Since the compromise, she has made 18 pictures, earned well over...
...inflationary spiral may continue only until next summer, he predicted. At that time the total demand for goods may begin to level...
First speaker was Karl Geiringer (second from left) chairman of the Boston University School of Music. Geiringer, a musicologist, spoke on the influences of Rennaissance and Gothic music on modern style. He defined musical history as "a spiral upwards instead of a direct climb. At times, we reach a point surprisingly near where our forebearers stood...
Finally, as a cure for inflation, reduction of corporate and personal income taxes would prove invaluable. Such action will release risk capital that can be invested so as to bring about greater production of scarce civilian goods and war material. This would end the price spiral on civilian commodities and greatly aid in cutting federal expenditures for war goods--the main reason for high government budgets--thus enabling the federal government to operate efficiently on its lower income. David J. Golden...