Word: ecksteins
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...Otto Eckstein, Warburg Professor of Economics, said he approved the textbook switch after conferring with the committee of Economics 1$ section...
...Economist Otto Eckstein sees a different and more beneficial effect?"a rapid growth in the private sector and a decline in the public sector." He adds: "The results are good in terms of changing things around. The voters in California have slowed down the growth of government. This will force the public sector to become more efficient, which is hard...
...Otto Eckstein, chief of Data Resources Inc., the surest sign of strength is "the employment explosion." Surprisingly, employment is growing much faster than production; new jobs are opening up at a rate of 4 million a year. Productivity has declined sharply, so perhaps more people are needed to do the work. But Eckstein points to one big reason for the jump in jobs: "Businessmen see a lot of demand out there, and they hired many people because they know that business will be good this year...
...huge U.S. trade deficits additionally are kicking up prices by depressing the dollar and making imports costlier. How to reduce that deficit? Cracked Eckstein: "We might do it if we could find a way to close the port of Yokohama for a few months." More to the point, Yale Professor Robert Triffin sees little chance of narrowing the trade gap until "the Administration and Congress make some significant sign that they are doing something about the basic problem of energy." Greenspan agrees, though he believes that the dollar's value will stabilize or rise on world markets because...
...Both Eckstein and Allison said a good introductory course, in this case Economics 10, "Principles of Economics," lures many students who might have passed up Economics...