Word: ecksteins
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...paper delivered by Otto Eckstein, professor of Economics and former member of the Council of Economic Advisors, in late January at the Institutional Investor Conference in New York raises the fascinating, if nebulous, possibility that ending the war in Vietnam may make such social capital available...
...Eckstein points out first that with the war in Vietnam raging, the non-Vietnam military budget today is, by normal standards, an austerity budget. All military construction in the U.S. has been stopped. Pay-increases to military personnel have been deferred. There have been surprising declines in contract awards to aerospace industries and other businesses, Eckstein notes. The procurement of the Minuteman-three has been postponed for eleven months. In addition it has been officially announced that the extra $3 billion of Vietnam spending in the current fiscal year will come entirely from the reprogramming of non-Vietnam military expenditures...
...house section is an isolated experiment according to Eckstein prompted largely "by the enahusiasm of the group in Lowell." "We're not thinking ahead--a year from now we'll take stock," he added...
...more this becomes a general principle, the more problems it raises," Eckstein said. "We never could get all of the course on this system and even coming close we would end up with freshman sections and Radcliffe sections--something we haven't had since World...
...When Eckstein received the petition, he scheduled a Thursday luncheon meeting at Lowell House with those who were pushing the idea. Three hours later he had cleared the arrangements with the Economics department and told Kaufman the section...