Word: doubledealing
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They did. As Volkswagen Maker Heinz Nordhoff said, "From then on, things went." Elected to the Bundestag as a Christian Democratic Deputy in 1949, Erhard took over the Economics Ministry in Konrad Adenauer's first Cabinet. He prodded, exhorted, bullied, preached productivity and sleepless enterprise as the ticket to...
¶At midweek, a 15-hour strike by 300,000. gas and electrical workers all but paralyzed all France. Industry shut down, transport became hopelessly tangled. Elevators and subways halted, refrigerators and stoves ceased operating. France sat down to a cold dinner to reflect by candlelight on the strikers'...
The world's 2.7 billion population has almost doubled in the past 70 years, is expected to redouble every 42 years hereafter, and is rapidly approaching the level (top estimate: 7 billion) beyond which scientists believe the earth can no longer sustain all its inhabitants. "It is hard to...
Though governments of underdeveloped countries are under constant pressure to achieve economic and social gains, they cannot realistically hope to match in a few years the living standards built up by Western nations over the centuries. In Mexico, for example, noted Dr. David McCord Wright, professor of economics and political...
In the older nations the inflationary pattern varies. In Australia, also trying to expand too far too fast, prices have doubled since World War II, while wages have risen 160%. The government, in alarm, finally began to choke back on credit, raise taxes and cut down on public spending. Not...