Word: ecksteins
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...interest rates. Such action would, of course, crush businesses heavily dependent on borrowed funds and substantially boost unemployment. The dollar would be under particular pressure whenever conflicts like the Iran-Iraq war caused wealthy Arabs and other panicky investors to seek the safety of the yellow metal. Warns Otto Eckstein, chairman of the Data Resources econometric forecasting firm: "The U.S. would have to follow a massive policy of deflation every time international disturbances created a run on gold...
...freewheeling, on-the-record discussions provide, as Taber puts it, "a high-powered seminar by the country's leading business and academic economists, who perform a vital service by tipping us off to what the economic community is thinking about and pointing out future trends." (Current members: Otto Eckstein of Harvard University, Martin Feldstein of the National Bureau of Economic Research, Alan Greenspan of Townsend-Greenspan & Co., Walter Heller of the University of Minnesota, James McKie of the University of Texas and Joseph Pechman and Charles Schultze of the Brookings Institution.) Two of the board's distinguished alumni...
...bumper crop harvest will hold down food costs, and the continuing ample supply of oil improves the energy outlook. Said James McKie, a University of Texas energy expert: "I think the prospect is for level or somewhat declining prices for oil unless there is some major supply disruption." Otto Eckstein, chairman of Data Resources, a business consulting firm, estimated that oil prices, after being adjusted for inflation, will fall by 3% annually for the next two years. Finally, the board members expect that Federal Reserve Chairman Paul Volcker will maintain monetary discipline to guard against any new burst of inflation...
...Mansfield, professor of Government, asked the Faculty to consider the following scenario (as recorded in the minutes of the February 10 meeting): "A woman, born with a silver spoon in her mouth, grew up to be unspeakably beautiful and married a man as rich and as handsome as Otto Eckstein. She attended Brearley School, Radcliffe College, and she got a Ph.D. from Harvard. Then when she went on the job market, she was not considered as an individual with her merits, but she became a representative, a role model, and in this guise collected compensation. Compensation for all the injustices...
Smithies, an authority on the Federal budget and the fiscal policies of developing countries, served as chairman of the Economics department from 1950 to 1955 and from 1959 to 1961. "Smithies did a lot for Harvard," Otto Eckstein, Warburg Professor of Economics and one of Smithies' students, said yesterday. "He really started the modern era of the Economics department here...