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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 27, 1972, Lethbridge, Alberta 26 THE ItTHBRIOGE HERAIO Wedntufoy, December 57. Economists look at economics TORONTO U'T' Solutions But don't count on it. i nif u! the American Economic economist and author of The Af- to all ti-'e -i-orM'ear !c.2v- in? high school campuses tense. Los Angeles police officials deaths have tripled over figures for each of the last three years, and admJn- and parents report that non-gang memoen are carrying to school to protect themselves. The gang war situation Is a "very, very critical problem right says 5gt. An Ca- inariUo Compton police. Th5 list of ir.cMenfj; have rxrc-n many ar.d have incited heat- ing, shooting and robberies: sturlents were winded, one as stood Jefferson hi eh school. Police sale', the youths apparently shot from a passing car, a t Lock e hi an school reported pevera! studen.s, to te gang nearby hamburger .-'arid after yo-jth. DISCUSS MANY SUB.JKCTS i Together, their work covers everything from the economic impact of heroin use to the role if multinational corporation in international trade and finance. Economics, whrch has been called the dismal science as well as the queen of the scie-n- 1 ccs. deals with what makes i society money, in- i come and outgo, I Some economist somewhere ha-s a pst theoretical solution at' least to virtually any problem, The difficulty u that economists differ widely in their ap- 1 preaches so prob'em-solving. anfl arEHJrr.crits can be long and involved. Nearly learned papers are scheduled tn be pres-ented to sessions oi the three-day meet- Galbraith delivers his address Friday PRIZE PRESIDES j Kenneth J. Arrow of Hazard, 1 this year's of the Nohel F'rize for economics, will he of honor at a Thursday Iu.ncr.eon. and preside at ses- on the allocation of eco- nomic ways to achieve economic equilibrium 'n a worM of urjcertalriiies. participating in- clude Dr. John Young, chair- man of ihe now-defunct prices and incomes commission, and Dr. Sylvia Gstry, chief statisti- cian fA Canada, R. M. Macln- cl'-puty chief eeneral man' crer cf thr: Ban-: of Xovj is genera! chairman of organizing committee. Apart from the seminar-Uke discussions of economic proi> the converition sives ris- i.ng young economi-cs a c'oanc-e display their process before Lhoir elders. The convention sorvcs E ,s a hiring hall, v.he-e employers can find promising nev; employees. will be used to rrtep track of dek- ar.d thc-ir hotel rooms, ra.ieerner.ts. will also be r! "j m onst r at ed in thei r app'i- catiori to complex math- ematical evolved by SIMPSONS bears Make your home a humid oasis in the dry desert of winter n 1 r- r brings lots of things, i r, c! u d f n g d ry air. cir is uncomfortable very u-ncom- I or! a bfe. ai r incre-ssei and Th'GGt end irj-italicn. Dry cir co'jti ycu more In renting air incf eases sic Sc electricity s roc Vs. So wro if? Ri'Jnt you can save on static t e i: r i c i! h o c i, on n 5 a 1 i n a b 11 i i, f.fj T: fjT: and throat dry irritation ar.d F> on the pr i c e of a h j rn i d; f i f from air. ThirV cfcc'Jt it. Yvjr homo a ''nf rj] of humid air in r-f a rjesi-rf. cjood f o f you've n a i i i n g for. THAT GOOD OLD FEELING most people ere slit! in iht Christmai spirit, Sarta Claus sooks his feet after a hectic Crrittrnat. After ths fooT-scaking Mr, Clous will probably have to get back ts the drawinrj beard for next visit. Stack of confront maior problems i Nixon in '73 WASHINGTON fCP) A I stack of major from energy shortages' to j trade balances, will remain on President Richard in Yfi'> even if ht manages to pull the i pas1- year, snd the election.1; in 1 rr.cnts with Hanors Soviet al- turn mrujHed by ,iuth lit-. events as Nixon'- in a repc'jtion trips lo and of a becornirig sick- the cf'Ala- ftrrJ'Jar to Arneri- barna Governor Giorge a hrx: gunmrn seri lact, the Vietnam pea'1.': and the- rnc.iUt tor-- of Senator Thorns 25 Gol, Output Humidifier 15 Gaf. Output Humidifier Reg. Sale Reg. Sole 74.99 10 Gal. Output Humidifier Reg. Sole 35.99 Plumbing end Heolirg at SimpvifiS-Sears you thfi finest gua of politic. for another fojr jfirjr: for another term any- mjjy in a N'ix'-n has fr.r tKo r-abiwt sr.d in recent r.i" of Trfa-.ury Sv.r'.lary erful fcr-orfjmif: in- that ho will con tiny ft control of The part of Sriultx's sftivi- from vision, secjn.'i certain to Nixon's relations A constant eortain iho Kcrjuh'i- afirninUtration and thr; and ovrrr programs and prim'': conrrrrns v.ith th': fill its of thr: r.S., partieylarly and Jipan, the deficit in American foreign trarJrj, the complex implications rrf 1 an impending of oil srifj MJppljcs. Con- will wari'. a say in any action Tnft Nov. 7 riloction American during AS v.ho Ixuan 1072 sn irr{ in acceptance t'. n-jrnh'rr of US. in Vietnarn dtcliried. trio to rhina F'cb. 21- and his Chou Kn-Iai and e lace 6t the height of the primary t'ection campaign, of ths most r-fj'ont f.---ij from the- rrce the n'lrr.'X-ratic prtsiden- went, on to cm in? r.rirniry cannon that o( tr.-j psrty's surfie '-.'Jxori decided on a a e p t, o rn b i r. o f North Vie'narrj, an invit'.'.ion to H: or r- v i si t f. he re in Li'Jed s Lati hi of a FJiJ arrcst.s airrrafl thrcalencr thr: of ri-'t-y-. Hubert ilumphrey, M'.-.iki'; and Henry -r.-.on. aii of Af'er a brief euphoria, r.'jrnrjaipn never Lo rc-'.O'.er from the revelation that his vice-presi- d ft n 1 1 a I r-amJi'iate, Senator Kasjle'on of Missouri, hjd failwl to a of KG on v. o .ptd in of Sargeant SK.ver, hut the c a m p a i gn remained haunUrJ hy and by FBI! thft puhlic hx.lk-f that Me- "radical" to ST. arrwtwl a yvjnp man Govorr. v.an hftrc h': alltg'rdly Ihrfist- i rmcd to borrih three Trans World Nixon rackryJ up a nesr- Airiirsos rc-ord vote in the I Tho FFil said the rr.fcn was .rir-, tier.tion, aitl-iOUEjh voter turn- rented in TJ .St, out 1rx> low and he failed when he tried to pick up a piece to extend his to Re- I of luFjjafje contairinrf! running for Con- ViO.W) earlier by an arid r.Utto offices. arortvrriO'is In the er.d. Nix'tn h'd ev-n M. S'-iifcrt. r'f -t. Jn I'-.rj held in lieu of V i e t n a rn from :Tr-- i bail on a charge of violating trc j Govern, refutation hr.d i fc-rk-ral aircraft-txtortion stat- j his kr.r- j uto. A hearing for tvlay .s'.sndint; to U-foro a in St, war, Virtually on the cvr- of the ekxiion, Nixon'.s FBT a tho office in St. and i U.rea IT- r.erl to put f.s on j thrift planes unless he received policy announced that was at hand in the Paris negotiations with North Vietnam. ;