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...which would be only half the pace of most past recoveries. Even that modest progress will be in jeopardy unless the White House and Congress take decisive action to boost consumer confidence, lower interest rates and convince the financial markets that alarming federal deficits can be curbed. Said Otto Eckstein, a Harvard professor and chairman of the Data Resources economic consulting firm: "We're all hoping and praying for a recovery, but I'm afraid the Government is not prepared to do much to ensure...

Author: /time Magazine | Title: The Elusive Recovery | 12/27/1982 | See Source »

...describing current conditions, the board members were unusually blunt. "The economy is probably in the worst shape that it has been in for nearly half a century," said Eckstein. Added Walter Heller, an economics professor at the University of Minnesota who was chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson: "This is the deepest and most dangerous recession of the postwar period." Rimmer de Vries, chief international economist for the Morgan Guaranty Trust Co., joined the gloomy chorus: "We are sitting here in the midst of a major depression...

Author: /time Magazine | Title: The Elusive Recovery | 12/27/1982 | See Source »

...will take half a century for Harvard to recover from that anti-Semitism," Otto Eckstein. Warburg Professor of Economics, told Business Week recently. Part of that effort to recover has included regular tenure offers to Solow and Samuelson, reportedly including an offer of a University Professorship to Samuelson...

Author: By Michael W. Miller, | Title: Economics Rivalry R. Heats Up | 10/28/1982 | See Source »

...continuing popularity of Social Analysis 10 "reflects people's concerns with economics problems today." Otto Eckstein. Warburg Professor of Economic said yesterday "When times get bad the enrollment is higher," he said...

Author: NO WRITER ATTRIBUTED | Title: Soc Anal 10 Tops Enrollment; Gen Ed 105 Rises to Second | 10/5/1982 | See Source »

...addition to the course's "elaborate investment in teaching materials" including the special readings workbook--Eckstein attributes the course's popularity to "a very good collection of section leaders who have a very good rapport with the students...

Author: NO WRITER ATTRIBUTED | Title: Soc Anal 10 Tops Enrollment; Gen Ed 105 Rises to Second | 10/5/1982 | See Source »

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