New Economists as Balloon and Tightrope Walkers
John Cunniff reviews the shift from the optimistic New Economists to current monetary policy. He argues the present monetary managers must balance inflation signals with recession risk, using fiscal and monetary tools while the economy remains sensitive to external shocks and delayed effects.
MENTIONED IN THIS ARTICLE
Congress
Theer
Federal Open Market Committee
Federal Reserve Banks
Win at Bridge by Oswald and James Jacoby
An expert defender often makes a questionable lead hoping the declarer will not anticipate. West opens spades to six diamonds, leads sixth best, East covers with ace and returns clubs. The club return creates an opportunity for declarer to ride the clubs.
MENTIONED IN THIS ARTICLE
West
South
East
Declarer
Bridge play decides odds in heart and club sequence
The declarer navigates a heart and club endgame after drawing trumps. He cashes ace and king of hearts to set up four heart tricks, tries a heart finesse, and then ruffs a heart when East fails to hold long hearts. West shows out, leaving South down one.
MENTIONED IN THIS ARTICLE
Declarer
East
West
South
Firemen Chase Runaway Fire In Freight Train
In North Adams Massachusetts firemen chased a runaway fire on a Boston and Maine westbound freight car. The blaze began in East Deerfield and moved fast, reaching trackside too late in North Adams and Williamstown. In Pownal Vermont the train crew extinguished the fire themselves.
MENTIONED IN THIS ARTICLE
Boston & Maine
East Deerfield
North Adams
Williamstown
Pownal
St Bernard bites judge at Vancouver Kennel Club show
A St Bernard bit judge Oliver Harriman during the St Bernard class at the Vancouver Kennel Club show. Harriman from Pebble Beach California was treated in hospital for head and neck lacerations. The dog won fourth place in its class.
MENTIONED IN THIS ARTICLE
Vancouver
Wash
Sensitized Hands and Home Care for Skin Protection
A reader asks about treating sensitive hands from detergents and the use of gloves and silicone lotions for protection. Dr Molner advises minimizing exposure, using gloves, and notes lotions with silicone can help but are not a cure. He warns against medications that toughen skin.
MENTIONED IN THIS ARTICLE
Dr. Mother
Also Mentioned on This Page
John Cunniff
New York
Fore
Federal Reserve Board
Senate
Federal Reserve System
By Oswald and
James Jacoby
NORTH
East Aqte
Chicago Tribune-N.y
AU Ibna Titre
ASMO
ASC
B.T.U
Second Street
North Adams, Mass
Tero
Hotpoint
H.p
2Nd Ave
Autre Ha Aha
Aise
Joseph G. Mother
BR. Molner
M.L.W
A. A
Cedar Rapids
Modern
Woodmen OF America
Rock Island, Illinois
Dan Gorman
Novak Cresit