Word: ecksteins
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Dates: during 1960-1969
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Yesterday afternoon, before the extent of the recovery was known, Otto Eckstein, associate professor of Economics, gave what he called "the standard list" of reasons for Monday's decline...
...Concern about governmental attitudes. The investigation of the Securities and Exchange Commission caused unrest in the business community. And there has been widespread concern about antitrust action, although, Eckstein said. "Kennedy has probably done less on this than Eisenhower...
...Otto Eckstein, associate professor of Economics, yesterday charged that the reasoning used by U.S. Steel and other companies in the industry to defend the $6 per ton rise in steel prices is "a piece of economic fantasy...
...Anyway," Eckstein said, "the Ec 1 reading list provides students with many varied points of view; and Samuelson, which comprises only about one-half the reading, is really middle-of-the-road. The course's reading list may actually be overbalanced toward conservatism...
...people, he added, is that politicians will "do the easy thing"--that is, spend more without reducing taxes. Fear that such deficit spending will lead to inflation is legitimate, but in fact the last two Administrations have tried to balance the budget even when unemployment is high, according to Eckstein...