Foreign News: Engineer of a Miracle

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In that racketing, rocketing free half of the world that has otherwise never had it so good, inflation vexes more people, weakens more economies and nags at more governments than any other problem except Communism itself. In the U.S. the cost of living, inching upward through twelve straight months of humming productivity, has reached a record high of 121 (the 1948-49 average: 100). In Australia the whirling chase of money after goods has doubled prices in ten years. India's prices have leaped so crazily (wholesale food prices were up 54% in two...