Word: alan
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Dates: during 1970-1979
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...Nixon plan of dismantling every recently-established social service provided by the government. Ford and his economic advisors--most of them are still hand-me-downs from the Nixon administration--don't seem to mind that fiduciary tightness and budget cuts will hurt all but the rich. Alan Greenspan, part of the new blood Ford has introduced, even said last week that stockbrokers have been hurt more by the latest crises than have the poor...
...Alan Greenspan, Ford's chief economic advisor, tells a Washington audience full of blue--collar workers: "Everybody is hurt by inflation. If you really wanted to examine, percentage-wise, who was hurt most on their income, it was Wall Street brokers. I mean, their incomes have gone down the most, so if you want to be statistical, I mean, look, let's face what the facts are." He is booed...
...week's summit on inflation, John Kenneth Galbraith looked over the 28 other economists who had gathered in the White House and quipped that the remedies for inflation would be about the same for "Bolsheviks and the devoted supporters of Ayn Rand, if there are any present." Then Alan Greenspan smiled and spoke up: "There's at least...
...mine") Rand is openly pleased over her real-life achiever-hero's rise to the White House. She traveled from her midtown Manhattan apartment to Washington, D.C., this month to watch Greenspan's swearing-in, then was introduced to President Ford. "I'm very proud of Alan," she says. "His is a heroic undertaking...
...with her and her husband of 45 years, Artist Frank O'Connor. On these occasions, Greenspan adds, conversation is just "what old friends talk about." Suspending a policy of shunning press interviews, Rand told TIME'S Sarah Button: "I am a philosopher, not an economist. Alan doesn't seek my advice on these matters. He can tell me more than I can tell him, and knows more about the day-to-day events...