Word: withe
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Dates: during 1960-1969
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Died. Ole Singstad, 87, master tunnel builder; in Manhattan. Beginning with New York's Holland Tunnel in 1927, the Norwegian-born Singstad designed and built dozens of underwater highways, including New York's Lincoln and Brooklyn Battery tunnels, and the 1¾-mile Baltimore Harbor Tunnel. What made...
Most economists also follow the teaching of Britain's late John Maynard Keynes, who articulated how changes in taxes and government spending can stabilize business cycles. The philosophy of Keynes, who died in 1946, has dominated the economic policies of industrial nations since World War II. Today's prevailing belief...
Milton Friedman's opinions have particular weight now because the Nixon Administration has placed great reliance on the policies that he prescribes to deal with the current inflation. Friedman was one of Richard Nixon's chief economic advisers during the election campaign. He did not seek a full-time job...
Because money is so potent, he contends that the board should allow the supply to expand at a fairly constant rate of about 5% a year, in line with the long-term growth rate of the nation's production of goods and services. Last week the Federal Reserve issued some...
Maisel and George W. Mitchell, both economists, side with Friedman in contending that the Federal Reserve has kept money scarce for so long