Word: businessman
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Dates: during 1970-1979
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...months as chairman of the Fed, Bill Miller, 54, has been something of a maverick. He speaks freely to the press, signs most of his business letters Bill, and takes off his jacket on occasion at congressional hearings. A businessman and lawyer rather than an economist by training, he has been remarkably accurate in his economic forecasting. Known from the beginning as a determined inflation fighter, he has taken the position that the Fed should be dedicated to a long-term plan for reducing the inflation rate over the next five to seven years and should not react nervously...
...shutting down unwanted military bases; the knotty problem of settling Navy claims against its shipyard contractors; and military aspects of the Panama Canal treaties. His manner is easygoing, and his conversation is spiced with Texas mannerisms ("Like my daddy used to say ..."). But he is also a tough businessman with little patience for the ways of bureaucrats. "Give me a straight shot, yes or no," he tells subordinates. If the reply is not straight enough, he may say: "That's an interesting answer, but it's not what I asked...
Those who are supposedly part-time officials, like Baldwin, make as little as $85 a week. Even the full-time incumbents get meager pay, from which must be deducted the psychic cost of public cynicism. Don Quaintance of Marion, Ohio, a white-haired, avuncular former businessman who got to the mayor's chair in middle age, thinks that kind of attitude has grown a lot during his eight years in office. He bitterly recalls a dinner with his wife and some friends at the country club. Talk got around to inflation and the size of his salary...
...author and economics professor emeritus at Harvard; Lyle Gramley, member of the Council of Economic Advisers; John Gutfreund, head of Salomon Brothers; Paul Hall, president of the seafarers union; Walter Heller, economics professor at the University of Minnesota and member of the TIME Board of Economists; Jesse Hill, Atlanta businessman; Reginald Jones, board chairman of the General Electric Co.; Lawrence Klein, economics professor at the University of Pennsylvania; Arthur Okun, senior fellow at the Brookings Institution and a member of the TIME Board of Economists; Harold Somers, economics professor at U.C.L.A.; Marina Whitman, economics professor...
...costumes reflect today's world. Some of the young citizens carry portable radios. The conspirator Cinna comes in from the rainstorm with a wet umbrella; he carries a businessman's attache case, which when opened turns out to contain knives for the murder (one recalls the old-time gangsters who used to conceal machine guns inside violin cases). The conspirators wear three-piece business suits. The conspiracy is hatched in a cocktail lounge; Artemidorus, the rhetoric teacher, who will try to warn Caesar of the plot, has become a journalist who eavesdrops and takes notes in a reporter...