Word: ecksteins
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Dates: during 1960-1969
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...confidently at the elbow of almost every important leader in Government and business, where they are increasingly called upon to forecast, plan and decide. In Washington the ideas of Keynes have been carried into the White House by such activist economists as Gardner Ackley, Arthur Okun, Otto Eckstein (all members of the President's Council of Economic Advisers), Walter Heller (its former chairman), M.I.T.'s Paul Samuelson, Yale's James Tobin and Seymour Harris of the University of California at San Diego...
...skills become scarcer, the Government's economic policymakers are beginning to criticize a trend that they once favored. Says Otto Eckstein, a member of the President's Council of Economic Advisers: "It is not in the economy's interest to encourage widespread early retirement." The Administration is thus splitting away from the A.F.L.-C.I.O., which says that it will continue to press the fight for retire-ment-before-65 and higher pensions...
...Sales have been running ahead of 1964 all year," says Otto Eckstein of the Council of Economic Advisers. "It has been the same story virtually every month." August actually ran at a 5.6% gain, well below the 9% gain of January and February and the 8% gain of July-but merchants feel relieved that the advances have continued. Across the U.S., one big department store after another is reporting sales gains over last year: up 15% for Atlanta's Rich's, 18% for San Francisco's Gump's, 6% for Dallas' Neiman-Marcus...
Weighing all factors, both U.S. Labor Secretary Willard Wirtz and Otto Eckstein, a member of the President's Council of Economic Advisers, predict continued price stability...
...department also expects Otto Eckstein, professor of Economics, who is currently serving as a member of the three-man President's Council of Economics Advisors, to return in the spring term...