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...inclination to defend its strategy than to change it. Paul McCracken, the President's chief economist, insisted last week that the economy is entering "a period of transition" and that "we must not lose our cool." He has impressive evidence to bolster his argument. The growth of the output of goods and services has slackened. Profits are expected to fall in this year's third quarter. Housing, industrial production, new orders for factory goods and stock prices have declined. Over lunch at Pittsburgh's elite Duquesne Club, industrialists grumble about slipping demand and sales. Automakers have scheduled...

Author: /time Magazine | Title: Business: INFLATION: WHAT MORE CAN NIXON DO? | 10/10/1969 | See Source »

Although 500 million of the world's 3.5 billion people still go to bed hun gry, agricultural technology has shown that food production can indeed keep ahead of population growth. Last week the United Nations' Food and Agriculture Organization reported that world farm output increased in 1968 by about 3% v. a population growth...

Author: /time Magazine | Title: Food: Gaining Against Hunger | 10/3/1969 | See Source »

Only Latin America fell behind seriously last year; drought caused a drop of 2% in food output, while population increased by 2%. Developing countries in Africa increased farm production by 2%, while population went up an estimated 2.5%. By contrast, the food-shy developing countries in Asia, where ancient methods of farming are gradually giving way to more efficient cultivation of high-yield strains of rice and wheat, increased their food pro duction by 5% for the second year in a row. The biggest gains were made by Malaysia (11%) and Thailand (8%). In the Western world, the U.S., Canada...

Author: /time Magazine | Title: Food: Gaining Against Hunger | 10/3/1969 | See Source »

...from various countries (emphasizing Pool's ComCom data on mass communications in the Soviet Union, China, and two or three underdeveloped countries), Chinese provincial statistics, characteristics of Latin American countries since 1810, data on development of underdeveloped countries, data on youth movements, mass unrest and political change, international propaganda output, and peasant behavior and attitudes...

Author: By David I. Bruck, | Title: Brass Tacks The Cambridge Project | 9/26/1969 | See Source »

...Britain, and last year cost the country 4,500,000 man-days. Whether Feather will be able to redeem his pledge is uncertain. In August, 1,300 blast-furnacemen at a steel plant in Port Talbot, Wales, ignored his efforts to end a three-week walkout that hammered steel output to a 17-month...

Author: /time Magazine | Title: Britain: Labor v. Labor | 9/19/1969 | See Source »

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