Word: tightfistedness
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The N.A.B.E. economists were skeptical about the chances for what FORTUNE calls a superboom. There will be no real boom, most of them agreed, until businessmen start spending vigorously on capital expansion-and that is unlikely to happen until the newly tightfisted U.S. consumer (TIME, July 21 et seq.) decides...
Most of the 18th century's intellectual love affairs between autocrats of the salon and fust plain autocrats were tetchy. Voltaire, who hated oppression, was oppressively tightfisted with money. Indeed, he made himself a millionaire as a moneylender. As the house guest of Frederick the Great, Voltaire was caught...
Four years ago the still-outlawed Apristas made another deal with Banker Prado, and one that looked as if it would stick. In return for election support, Prado legalized the party. In another display of fair-mindedness, Prado appointed the loudest critic of his inflationary policies, Newspaper Publisher Pedro Beltr...
Rickenbacker's move, made "to devote a major share of time and energies to basic policy matters,'' marks a milestone in U.S. aviation. After his World War I service as the U.S.'s "ace of aces" (26 German aircraft), genial, jut-jawed Eddie Rickenbacker plumped hard...
Saudi Arabia. The relaxed pressure of Arab nationalism has saved the day for the wealthy autocratic Saud family. Brother Feisal, now in charge, is introducing tightfisted budgeting at long last, while financially strapped King Saud has just left for Germany to look at some of his greenbacks sequestered there and...