Word: ecksteins
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...Otto Eckstein, professor of Economics who teaches Ec 10, said yesterday he had not been contacted by the group and did not know that the reading list was being distributed...
...much profit left to bite into, and they will have to hike prices. Similarly, some American exports that did not experience an increase in sales after one price reduction may do better after two. Demand for such U.S. exports as coal and farm products is sensitive to prices. Otto Eckstein, a member of TIME'S Board of Economists, forecasts on the basis of computer analysis that the U.S. trade balance will move gradually to a surplus of $2 billion...
...signs continue to point to a banner year for U.S. business in 1973 -but quite suddenly politicians, investors and economists both at home and abroad have developed a case of jitters about the American economy. Domestically, there is fear of a new surge of inflation. Otto Eckstein, a member of TIME's Board of Economists, predicts that consumer prices, pushed up largely by food costs, may rise at an annual rate of 6% this quarter. Certainly fat increases in retail food costs are in store for the months ahead. Meanwhile, bankers and investors worry about a credit squeeze: Federal...
MONEY POLICY. The Federal Reserve Board's 7.4% expansion of the money supply last year proved to be just enough to propel the economy without fueling inflation. Now some experts are becoming nervous because the Federal Reserve, under Chairman Arthur Burns, shows signs of tightening up. Otto Eckstein, head of Data Resources Inc. and a member of TIME's Board of Economists, fears that the Fed some time this year may reduce the rate of money increase to 3% or 4%. If that happens, he warns, by 1974 "the Fed will kill the boom." On the other hand...
...Otto Eckstein Alan Greenspan David Grove Walter Heller Robert Nathan Joesph Pachman Beryl Sprinkel G.N.P. $1,262 $1,266 $1,266 $1,267 $1,263 $1,267 $1,267 $1,268 (in billions...