Word: galbraithe
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...Depression spread westward. Economists more reputable than the President not only claim they will not know the exact causes of the recession until the statistics are all in, but they have almost to the man refrained from predicting the date when the economy will return to normalcy. As Professor Galbraith of Harvard observed recently, "Generals, at least in the past, did not plan campaigns on the assumption that the enemy would conveniently disappear...
...present depression is a direct result of the monetary policy followed by the Eisenhower Administration, J.K. Galbraith, professor of Economics, and Seymour E. Harris '20, Lucius N. Littauer Professor of Political Economy, asserted in a letter released today...
...There has been little modern evidence to support either the effectiveness or the wisdom of the monetary policy," they said. Galbraith and Harris, in their list of four objections to the policy, called it "costly, ineffective, and dangerous," and said that "it discriminates as between the small and weak borrower and the great corporation...
Among the guests at the dinner tomorrow will be Seymour E. Harris and J. Kenneth Galbraith, professor of Economics; James S. Duesenberry and Robert Dorfman, associate professors of Economics; and Stefan Valavanis, assistance professor of Economics...
Except for this one disagreement, Galbraith and Bundy concurred in principle with Stevenson's suggestions for meeting domestic demands for schools and roads and for improving our leadership in foreign affairs. Stevenson advocated meeting the challenge of recent Russian advances on all fronts rather than "overreacting to it" in the missile field...