Word: economists
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Dates: during 1970-1979
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...favorite publications. The journals all have small circulat.ions, and none bulges with ads. But oh what readers! Each of the endorsers subscribes to the magazine he is hawking; however, not all were aware of the company that they would be keeping in the campaign. Yet at least one participant, Economist John Kenneth Galbraith, a fan of the liberal New York Review of Books, is unperturbed...
There are several errors in the story on American Indian energy development [Aug. 20]. The photograph accompanying the piece was not of Peter MacDonald, Council of Energy Resource Tribes chairman, and CERT's chief economist, Ahmed Kooros, but MacDonald and CERT's executive director, Edward Gabriel. Our name is the Council of Energy Resource Tribes, not Resources...
What serious retrenching has occurred so far has been highly selective. Says Georgia State University Economist Donald Ratajczak, speaking about the status of retail sales: "The discount and the high quality lines are good; the in-between is dead. Top and bottom are where the action is." Translation: in marked contrast with their behavior during past economic slowdowns, people are not closing their wallets entirely but are scrambling for bargains, on the one hand, and, on the other, scooping up top quality, long-lasting goods at any price...
...Xavier and Véronique Goupy, both 33, earn a combined $53,000 a year; he as a comptroller for a large Paris-based French multinational corporation and she as an economist for a U.S. think tank. She also gets $9,000 annually from an inheritance, but they show few signs of opulence. They live in a two-bedroom walkup, drive a small car and holiday with parents. Lacking the kind of expense account that allows many Frenchmen the Gallic equivalent of a three-martini lunch, they do not make a habit of eating out. Says Xavier: "I would guess...
DIED. Bertil Ohlin, 80, Swedish politician and economist who shared, with England's James E. Meade, the 1977 Nobel Prize in Economics; in northern Sweden. At 25, the handsome, precocious Ohlin was a full professor at the University of Copenhagen and an expert in international trade. A practitioner as well as a theorist, Ohlin was Sweden's Trade Minister in a wartime coalition government (1944-45). Chief of the Liberal Party from 1944 to 1967, he waged a lifelong battle to check the growth of socialization in Sweden...