OPINION: The Rich, Full Life

While many a U.S. citizen worried, when he had the time, about strikes, the cold war, his burden of taxes and his children's prospects for the future, a noted U.S. economist sat down to consider what the future really seemed to hold in store for the country.

Professor Sumner H. Slichter of Harvard, a man who approaches his subject with scholarly caution, raised his sights from the present, and tried to see what the U.S. would be like 30 years from now. His report was bottomed on sober statistics and hedged by careful qualifications —but it all added up to...

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