Word: ecksteins
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...geniuses in the social sciences," says Harvard Economist Otto Eckstein. 'The one man in the world who has come closest to being a Renaissance man," opines Richard Cyert, president of Pittsburgh's Carnegie-Mellon University (CMU). These were some of the reactions to the surprise award last week of the 1978 Nobel Prize for Economics to Herbert A. Simon, 62, a professor of psychology and computer science at CMU. Choosing Simon may be an attempt by the Nobel committee to broaden the basis for the economics prize, which has come under muted criticism for being too narrowly focused...
Asked to describe the professor's role in University life, Otto Eckstein, Warburg Professor of Economics, paused for a full minute and then said, "The easy answer is that a professor's first task is teaching. That sounds good, but it is really oversimplified. Harvard tries to have outstanding people in every field, and in all fields people who are doing outstanding work are not just going to want to teach...
...Otto Eckstein, Warburg Professor of Economics and chief lecturer in Ec 10, credited the nation's poor economic health with spurring this latest surge of interest in the course. "When the economy is going bad, our enrollment jumps," he said...
...Eckstein said that he had actually expected course enrollment to drop from last year's 920 figure. "If I'd known we were going to have 993," he said, "I would have gone out on the street and found seven more students...
...When the economy is going bad, our enrollment jumps," Eckstein said, adding that another factor in the rising enrollment is an increasing number of students headed for law and business schools and "some that actually plan to work...