economic scene; quiet shapers of history - super polymer

by:Demi     2019-08-27
economic scene; quiet shapers of history  -  super polymer
Written by LEONARD silkaprill 1986, this is a digital version of an article in the print archive of the times, before its online publication began in 1996.
To keep these articles as they appear initially, the Times will not change, edit, or update them.
There are occasional copywriting errors or other problems during the digitization process.
Please send a report of such issues to archid_feedback @ nytimes. com.
The traditional history is filled with kings, generals and presidents, and sometimes even vice presidents.
In fact, Vice President Bush traveled to the Middle East this week to meet Saudi Arabia's King Fahd to discuss some history --what?
The vice president first said he would discuss the need to improve the stability of oil prices, but concluded by saying that, according to his press spokesman, he discussed the Reagan administration's commitment to oil and all other free markets.
As for King Fahd, he told Mr. Fahd.
According to a senior US official speaking in Daran, Bush believes that Saudi Arabia has been "given the ecstasy of a tramp" because of the chaos in the oil market, presumably translated from the original Arabic language.
But when contemporary historians, economists and investors try to figure out exactly what the King, vice president and president are saying, another type of economic history continues to be created by the humble people and small businesses of modern historians, with the best example of the late French scholar frnando Bruder, he thinks it is more noteworthy to be a shapemaker of history.
The contemporary school, which dates back to Alexis de Tocqueville, a French observer a century and a half ago, wrote: "I spoke up with an American sailor, ask why the ships of his country can only be built for a short period of time;
He did not hesitate to answer that the art of navigation was making such rapid progress every day that if it lasted for more than a few years, the best boats would almost become useless.
In these words, I fell from a personal out-of-the-box that was not directed to a specific topic, and I recognized the universal and systematic idea of a great person guiding all their concerns
"The impact of advertising on the US economy
Worldwide, promoting the spirit of entrepreneurs and their innovative spirit remains the object of respect and envy.
Despite the huge trade surplus between Japan and the United States, it still works for Japan.
Although the Soviet Union opposed capitalism in ideology, it still supported the Soviet Union.
Perhaps most importantly, it applies to Western Europe, where political and business leaders are worried that their country will lose its vitality and will not be able to create jobs or solve the problem of unemployment --
A disease called European hardening.
Advertisers see the comparative dynamism of the American economy, especially in small businesses that are run by people who don't have the "history" of creating kings and presidents.
There are 14 million companies in the United States, each with fewer than 500 employees, accounting for 97% of all U. S. businesses.
They employ nearly half of the country's non-farm workers, creating 40% of GDP.
But it's far beyond their G. N. P.
In recent years, they have provided a larger proportion of output and employment growth.
From 1970 to 1980, small businesses accounted for most of the 20 million new jobs created in the United States.
Then, from 1980 to 1982, businesses with fewer than 20 employees increased by 2 in the worst post-war recession.
6 million jobs, 1 than offset.
Large enterprises lost 7 million jobs.
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View all New York Times newsletters. Since the 1981-
82. after the end of the recession, small businesses continue to show greater vitality than large enterprises, and most importantly, they have the ability to innovate and find loopholes in the market that they can grow.
Some success stories are high.
In the field of technology, it has gained the largest share of public notices, but at a low
The same is true for technology and traditional businesses.
For example, Virginia textile company in Richmond, by meeting young people for personalized T-shirts;
Harbersham plantation company in Toka, Georgia.
, Found one by making "original" US furniture and Optikem International/Optacryl in Denver, by making more contact lenses and developing better cleaning solutions and soap
Innovation in small businesses has helped many large businesses survive the fierce foreign competition.
Irwin Kellner, senior vice president and chief economist at the manufacturer Hannover Trust, said such a workforce
Save equipment with micro-processors and industrial robots developed through small high-tech
Technology companies are critical to the modernization of automobile factories and steel plants.
The industrial update is far from over.
Scientific breakthroughs provide opportunities for Earth Science, microbiology, immunology, artificial intelligence, robotics, fiber optics, ultra-polymer composites and non-corrosive ceramics. Gerald R.
Edelman of Rockefeller University says molecular genetics is doing what transistors do for electrons for biology: providing a new, powerful way to move information.
With transistors, it is electronic information;
With molecular genetics, it's biological information.
All developments that may be more important than what Vice President Bush said to King Fahd, and vice versa.
A version of this article was printed on page D00002 of the National edition on April 9, 1986, with the title: economic scenario;
Quiet shapers of history.
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