National Affairs: Practical Economist

By his own definition Bernard Mannes Baruch is a "practical economist." His theory has been applied in the most hazardous of profit mediums—the stockmarket. But of Mr. Baruch, his old boss. Columnist Hugh Johnson wrote last week: "His effectiveness as a practical economist is suggested by his own magnificent solvency." Last week before the Senate's Special Committee to Investigate Unemployment & Relief Mr. Baruch had a lot to say about his country's solvency, which is currently not magnificent. He took two days to say it, and when he was through his testimony...

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