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...pointed up the fact that personal income has become "the hero of recessions," tending to hold up the economy in times of stress when other indicators are falling. During three previous postwar recessions, personal income dipped substantially less, both absolutely and in percentages, than the gross national product (see chart). In the recession just over, it fell less than half as much as G.N.P...

Author: /time Magazine | Title: State of Business: Recovery, with a Hero | 5/26/1961 | See Source »

...Surge. Some strong and disturbing trends are visible. The number of Americans who have been out of work for more than 15 weeks has grown faster than unemployment as a whole (see chart), and reached a postwar high of 2,128,000 in April. The number of people unemployed for at least half a year is rapidly approaching the August 1958 postwar high...

Author: /time Magazine | Title: State of Business: The Unemployables | 5/19/1961 | See Source »

...doubt that adultery would be even more popular than it is but for the fact that it involves a more exacting set of rules than marriage itself. Oxford Philosophy Don Iris Murdoch has written a novel about adultery so complex and involuted as to suggest an anthropologist's chart of the mating patterns of a tribe at once polygamous and polyandrous. Among the wholly amoral cast of characters: Martin Lynch-Gibbon, an elegant but asthmatic London wine merchant, who is also the novel's narrator; his blonde wife Antonia; his black-haired mistress, Georgie; their joint analyst, Anderson...

Author: /time Magazine | Title: Books: Short Notices: May 19, 1961 | 5/19/1961 | See Source »

Mullin will hook up with Bobby Mack of Yale in a repeat of last week's epic mile battle, which resulted in a 4:07.1 victory for the Crimson junior. Varsity coach Bill McCurdy could juggle the form chart by sending Mullin back into the 880 against Carroll. Mullin just might outrace the sore-legged Bulldog...

Author: By Michael S. Lottman, | Title: Mullin, Blodgett Lead Trackmen Against Bulldogs | 5/19/1961 | See Source »

...achieve an education in the process of writing a book. The fact is that a lot of the criticism was justified. It was also fact that with all of its errors of detail, the History was the boldest and most exciting effort yet made by a modern historian to chart man's troubled, inspired climb from primitive morass to a fellowship...

Author: /time Magazine | Title: Books: Toynbee Revisited | 5/12/1961 | See Source »

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