Word: economisters
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African-American students in schools with high interracial contact may feel greater social pressure to sacrifice their grades in order to maintain popularity than students in predominantly African-American schools, according to a paper published last month by Harvard economist Roland G. Fryer Jr. and graduate student Paul Torelli...
Harvard and its star economist Andrei Shleifer ’82 said earlier this month they had reached a tentative settlement with the U.S. government in a five-year-old fraud suit that has spanned two continents and embarrassed both the University and the professor...
Inflation seems so weak that many businessmen and economists think the Federal Reserve could allow interest rates to fall even further without risking a jump in prices. Says Edward Yardeni, chief economist for Prudential-Bache Securities: "Lower rates could deliver us into the golden land of zero inflation and 6% economic growth. So why not ease...
...jobs in the U.S. Walter Heller, a University of Minnesota professor who was chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson, predicts that unemployment will fall from its current level of 7.3% to 6.4% by the end of the year. Even more optimistic is Economist David Levine of the Sanford C. Bernstein investment-research firm, who forecasts that joblessness could dip as low as 5.2% in the fourth quarter...
...pump masked underlying trends that were less encouraging. The prices of non-energy items rose .3% in March. Medical costs led the way, with a 1% increase. Experts expect energy prices to flatten out soon and thus predict that inflation will rise from the grave. Washington Economist Michael Evans, for example, forecasts that consumer prices will rise at a 5% annual rate during the second half of 1986. INVESTING Distant Stocks, Instant Trades...