Word: written
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Dates: during 1950-1959
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MUCH has been written-and much more said-about how the recession compares with the other two postwar business declines. Last week, studying a series of remarkable charts, economists and businessmen could prove what they had suspected: this recession is the shortest of all, and the one that sends into retreat some of Lord Keynes's cherished theories. See BUSINESS, Three Recessions...
...Navy name was established-but in training and personnel rather than operational command. From 1947 to 1950 he was a successful superintendent of the Naval Academy, hiking academic standards, instituting a new leadership course for which he wrote half the textbook. The other half, on psychology, was written by a Johns Hopkins group. And after 30 uneventful months as commander of the Atlantic Fleet's Battleship-Cruiser Force, Holloway turned out yet another standout performance, as Chief of the Bureau of Naval Personnel from 1953-58, as the Navy came out of Korea. Once more Holloway impressed his stamp...
...annals of history," Nasser has written, "are full of heroes who carved for themselves great and heroic roles, and played them on momentous occasions. It seems to me that in the Arab world there is a role wandering in search of a hero." Nasser volunteered to be that hero...
...operatic" novel, came from Director John Crosby of the Santa Fe Opera, a year-old enterprise that runs an open-air theater in the "cultural capital of the Southwest." Floyd read the novel four times and came to a highly debatable conclusion: "I realized it's very badly written; I could use almost no Brontë dialogue. There's no immediacy to it; I had to do a creative job." The job, libretto then music took him twelve months...
Stopping it is another matter. Because the misrepresentation is in the beguiling pitch rather than the written contract, FTC got a "cease and desist" agreement with only five of 30 firms it investigated. To give FTC some teeth, the subcommittee is considering a bill providing a maximum penalty of $5,000 fine and/or five years' imprisonment for advance-fee operators, hopes that new public awareness will weaken the racket...