Word: ecksteins
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...Otto Eckstein, professor of Economics and new head of Ec 1, agreed Thursday to set up the section if 27 Ec 1 students in the house sign up. It will meet for the first time a week from today in the Lowell House Library with Robert G. Evans, teaching fellow in Economics, as section...
Three Lowell House juniors--Kenneth Kaufman, John Palazzo, and Peter Solenberger--had the idea of a house section last spring. Early last week 23 students signed a petition to Eckstein requesting the section and by last night 16 had signed to join the class...
...Eckstein agreed in an interview yesterday that the section should "strengthen the house system." And both he and Kaufman think that Ec 1 discussions overflowing into informal lunch hour talk will improve the course...
Some people have assumed that Ec 1 is a "liberal" course because it teaches Keynesian theory of national income. However, we would like to suggest that there is nothing "liberal" or "conservative" about Keynes as taught in Schulze or Eckstein. Most businessmen accept the idea that the government should use fiscal policy to keep growth up, although they would oppose its use as a social tool. Keynesian analysis as taught in Ec 1 is neutral ideologically. For example, one may increase government expenditures by digging and refilling ditches, by increasing defense spending, or by building schools and low-cost housing...
...interview yesterday Eckstein said he has "only a primitive knowledge of the course" and wouldn't plan any changes until he returns to Cambridge in July. He will give the course's introductory lecture but is not sure yet whether these lectures will continue to cover historical material as they...