Word: ecksteins
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Data Resources Inc. (DRI), the economic forecasting firm founded by Otto Eckstein, Warburg Professor of Economics, plans to sell shares to the general public soon, following record profits in the first half of this year...
...really wasn't all that bad. Pretty good, actually. Your first Harvard exam, and you handled it pretty well. Eckstein didn't pull any fast ones, and you answered all four questions. There were five questions? Whaddya mean, page two? I didn't get a second.... Oh, Jesus...
...that time, unfortunately, the speakers had lost a chunk of their audience. Few viewers who had sat through the first 82 minutes could claim that they had gained refreshing new insights into economic problems and policies. Said Harvard's Otto Eckstein, a liberal member of TIME'S Board of Economists: "I've got to teach freshman economics on Monday and I'd be hard put to find something useful in the debate to teach them. The candidates just completely missed a grand educational opportunity." Yale's Robert Triffin, another member of TIME'S Board, found the debate "desperately dull...
...Otto Eckstein, a member of TIME Board of Economists, warns that the production capabilities of a number of important basic industries, including chemicals and paper, are so limited that they could create bottlenecks that would impede the U.S. from cutting its unemployment rate much below 6% in the immediate future. Such a high jobless level means increasing welfare rolls and social unrest...
...Start. Other experts are less enthusiastic. Otto Eckstein, a member of TIME Board of Economists, is forecasting a 5% spending rise (discounted for inflation) this year and an additional 8.2% boost in 1977-which would still leave capital expenditures substantially below 1974 levels. Chase Econometrics Chief Michael Evans believes business spending is "off to a bad start. Much of the increase in capacity being planned will not be available in time...