Word: counciling
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Dates: during 1960-1969
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...going out of his way to bill it as "more than just routine." Some officials also warned that Greece might review its "excessive contribution to Europe's defense." There is little real chance, however, that Greece will leave NATO-if only because the U.S., which lobbied against the Council's disciplinary measures, is expected to swallow its dislike of the regime shortly and resume full military aid to Athens, which has been partially suspended since the colonels took over...
...unborn. Although there is only the remotest chance that even a minority might be hazardous, further testing of many additives, by chromatographic techniques that did not exist when the substances were first introduced, is clearly indicated. The FDA has already arranged with the National Academy of Sciences-National Research Council to supervise such studies of saccharin...
...Today's prevailing belief, however, is a hybrid; most economists now consider themselves "Friedmanesque Keynesians." Having risen from maverick to messiah, Friedman ranks with Walter Heller and John Kenneth Galbraith as one of the most influential U.S. economists of the era. Heller, who was chairman of the President's Council of Economic Advisers under President Kennedy, has whimsically classified Friedman's supporters: "Some are Friedmanly, some Friedmanian, some Friedmanesque, some
...Nixon's chief economic advisers during the election campaign. He did not seek a full-time job in Washington because "I like to be an independent operator," but his ideas are highly regarded within the Administration. "Milton Friedman has influenced my thinking," says Paul McCracken, chairman of Nixon's Council of Economic Advisers, who describes himself as "Friedmanesque." The two men often talk on the telephone, chat privately at the many conventions that economists attend. McCracken has been monetarist-minded for years, and since he took office the council has begun running computer calculations about the future course...
...against inflationary psychology. All year, Nixon's economic lieutenants have been trying to create a degree of uncertainty in the minds of businessmen, labor and consumers about the prospect for continued prosperity. Many experts find the present outlook no cause for alarm. Arthur Okun, the former head of the Council of Economic Advisers, calls the chance of either a recession or a continued boom "a long shot." By his handicapping, the Government stands a 50% chance of bringing the inflation rate down to about 4% without causing a politically unacceptable rise in unemployment. Still, Okun insists?as do the other...