Word: ecksteins
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Otto Eckstein, Warburg Professor of Economics, told the parents that the economy will improve during the next four years whether or not President Reagan has any economic policy. The chances are slim that OPEC will raise oil prices as drastically as it has in the last four years, Eckstein said...
...Eckstein called Reagan's economic program the most dramatic change in American economic policy since 1933. He said the Reagan administration is "counting on a miracle" to make its policies work, and predicted that Congress will not allow as many tax cuts as the President has requested
...Otto Eckstein, Warburg Professor of Economics, who will discuss Reagan's economic policies at 2 p.m. in Sanders Theater, said yesterday, "We assume the parents are just as smart as their children. They learn slower, but they know more...
That prospect troubles many economists and businessmen who applaud what Reagan is trying to do. Says Otto Eckstein, a member of TIME's Board of Economists: "With only a little additional bad luck, the Government could experience a deficit of $100 billion." Adds DuPont Chairman Irving Shapiro: "I have a lot of trouble with this new economic religion. No businessman would run his business on the basis of an untested thesis...
...anemic recovery should begin some time during the summer of 1981, but growth for the year as a whole is unlikely to be higher than 1.5%. Said Eckstein: "Sizable growth in 1981 is almost impossible." Thus the economy will remain at a virtual standstill for the third consecutive year. In 1979 growth was a mere 1.7%, and last year there was no economic expansion...