Word: effectively
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Dates: during 1950-1959
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...judgment that the U.S. is "soft." The U.S. knew that, save in wartime or other great crises (the Depression), national purpose cannot always be precisely denned. The President's announced trip to South Asia (see The Presidency) was in a sense national purpose on the move. So, in effect, was Treasury Secretary Robert Anderson's attempt to establish a durable world economic policy based on free trade and mutual self-help (TIME, Nov. 9). But there was no clear articulation of purpose. "Our leaders have not been able to give us a sense of direction," said Sylvan Meyer...
Though domestically produced goods in Europe and Japan tend to be cheaper and better tailored to national tastes than most heavily taxed U.S. imports, some governments may even prefer to see real competition in some fields, e.g., textiles, rather than U.S. retaliation against their own dollar exports. Another effect of quota relaxations may be to prompt U.S. manufacturers to design goods specifically for European markets. Competition, said Antoine Pinay, is "the best of stimulants and the most effective of disciplines...
...subject matter of economics is the productive system, with all its relations to the world of technology. The concern of economics, however, is this system's role in society and its effect on men, their livelihood, and their institutions. Not an integrator of the two cultures, nevertheless it must span the separation...
...professional training. Disagreement, however, becomes manifest quickly after that statement. Many members of the department, for instance, feel that the best concentrators, the potential future economists, should be allowed to take courses on the graduate level, and indeed should be encouraged to do so. In effect these students would be obtaining a pre-professional training, but the supporters of this proposal feel that this is the only way whereby the interest of the economics-oriented student can be prevented from obstruction by the triviality of normal undergraduate economics courses. At present many undergraduates already take graduate level courses...
WASHINGTON, Nov. 12--The most controversial features of the new labor law, including stricter bans on picketing and boycotts, go into effect tomorrow...