Word: economist
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Dates: during 1940-1949
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...Muette, had met still graver difficulties in London. A near-panic on London's exchange had sent government bonds plummeting to new lows for the year; in a single week the value of gilt-edged consols (government bonds) dropped by close to ?250 million. Said the London Economist: "The truth is that the crisis which the British did not expect until 1952-and hoped to be prepared for by then-is already upon them...
Labor's truculent Health Minister Aneurin Bevan had called British news papers "the most prostituted press in the world." The National Union of Journalists (which the weekly Economist labeled "the fifth column of the fourth estate") had been even more specific. It charged Britain's Tory press lords with operating monopolies, kowtowing to advertisers, distorting and withholding the news, and blacklisting (i.e., refusing to mention) political and personal enemies. To investigate charges of this kind, and perhaps to lay the groundwork for regulation of the press, the House of Commons voted to set up a Royal Commission...
...London last week, His Majesty's Stationery Office released a 289-page document, the long-awaited report of the Royal Commission on Population. The London Economist called it "one of the great state papers of this generation...
Presumably, the purpose of unification was to achieve economy and efficiency in the $15 billion-a-year armed services. But one top Administration economist, watching Louis Johnson's roughshod methods, snorted: "He's made two enemies for every dollar he's saved." In nine weeks he had antagonized: the White House (for his tendency to pop off to the press), the Marines (for privately threatening to disband their air arm), the aviation industry (for canceling other contracts in favor of the B-36), the Navy (for a host of bitterly resented indignities...
...committee recently, aroused interest in at least one other place. On March 30, George R. Stunts, a member of the Board of Regents of the University of Washington, suggested that the Board prevent Laski from speaking at the university, although no group on that campus had invited the English economist...