Word: economists
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Dates: during 1970-1979
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...recent book, The Human Prospect, economist Robert L. Heilbroner '40, author of the classic textbook, The Worldly Philosophers, sketches a bleak picture for the future. He addresses himself specifically to the hopelessly broad question: "Is there hope for man?" After what seems like an unjustifiably short amount of space for what could potentially fill volumes Heilbroner comes to the following conclusion...
...statement may seem a bit startling, but not in the context of the economist's arguments, not after he has presented one by one the enormous problems and the inadequate solutions the future will almost surely bring in our own lifetimes...
...Leaders. In addition, it seemed all but certain that the President would soon bring fresh leadership to the White House and name Alan Greenspan, a respected conservative economist and unofficial Nixon consultant, to succeed Stein as CEA chairman. The appointment will probably be announced soon. If, as expected, Greenspan is approved by the Senate Banking Committee, he will take up his new duties by September, when Stein returns to the faculty of the University of Virginia...
...chiefs, who were academics, Greenspan is a Manhattan business consultant who heads his own firm, Townsend-Greenspan & Co. Quietly persuasive, erudite and a master of detail, Greenspan will join the White House after declining several previous invitations with the understanding that his views will carry substantial weight. Among many economists, Republican and Democratic, Greenspan's appointment would be seen as a gain for the Administration. Walter Heller, who under President Kennedy was probably the most effective CEA chief, believes that Greenspan has "as good qualifications as any conservative economist you can find...
...zest for the intricate poetry of the big deal with the ability and cheerful willingness to explain it. His first novel, the bestselling The Billion Dollar Sure Thing, straightened out the mysterious alchemy of the international gold market. It earned added interest from Erdman himself, a financier and economist who wrote the book while a resident in the Basel prison. The Swiss government insisted that he remain its guest for ten months after the American-owned Swiss bank that Erdman managed failed. Several of the bank's officials went too long in cocoa and silver futures and tried...