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Dates: during 1950-1959
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...basis of his four assumptions (adjusted by some other considerations), Slichter suggests that "by 1980 the output of goods and services of the American economy, which was $246.7 billion in 1948, will be at least $416 billion (in terms of present prices) and that it is more likely to be considerably larger-probably in excess of $550 billion a year...

Author: /time Magazine | Title: The Half-Century: The View from 1950 | 1/2/1950 | See Source »

...Duchess of Windsor has "received several offers" of jobs, the Duke of Windsor announced in Cherbourg as they sailed for the U.S. "I know that everybody has to work today," said the Duke. "I am writing at present three articles of memoire which will be published in the United States...

Author: /time Magazine | Title: People: That Old Feeling | 1/2/1950 | See Source »

...present, man's basic knowledge about the physical universe is contained in two independent theories: 1) relativity, which deals with the gravitational fields produced by massive bodies; and 2) the quantum theory, which deals with electromagnetic effects. The two theories touch at many points, but there is no overall theory connecting them...

Author: /time Magazine | Title: Science: Super-Relativity | 1/2/1950 | See Source »

...does he describe his present work? "I don't lean toward any 'ism," Price says. "To me my work is very realistic. [The important thing is to] get away from that tightening-up feeling. You've got to loosen up. You've got to feel all over, like pitching...

Author: /time Magazine | Title: Art: Long Trail | 1/2/1950 | See Source »

...overseas traffic as a result of the merger, Examiner Wrenn could not follow that argument at all. He thought T.W.A. would benefit greatly, since "it will be the only airline selling single-carrier transatlantic transportation from such cities as Los Angeles and San Francisco, where at present it must sell in competition with American. These conditions do not indicate that the future traffic prospects of T.W.A. are as gloomy as pictured by its witnesses...

Author: /time Magazine | Title: AVIATION: Three into Two? | 1/2/1950 | See Source »

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