Word: economists
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Dates: during 1970-1979
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...plans to go back to work again periodically, probably as a research economist. "He can make much more money than I can," Fran explains. "But I wanted to work and take a lot of the responsibility for the financial side of the family. I think Ted was able to accept this because he is a strong person with a very strong identity." Ted likes working as an economist, she says, but also enjoys "being with the children, making jewelry and painting the house." They have a joint checking account...
Died. Herbert Feis, 78, economist, historian and Government adviser in the Hoover, Roosevelt and Truman Administrations; in Winter Park, Fla. Feis entered the State Department in 1931 as an economist, but his masterwork was a ten-volume history of American foreign policy from 1933 to the 1950s. Though some younger historians questioned the objectivity of a man so close to his topic, Feis' books were widely praised for their richness of detail and incisive presentation. His account of the Potsdam Conference, Between War and Peace, won a Pulitzer Prize...
Owens received her A.B. degree summa cum laude in economics from Smith College in 1919, studied economics at the University of Chicago, was an economist for seven years in U.S. agencies, and then received her LL.B. degree from the Yale Law School...
...fast that the economy has not been able to produce enough jobs. In order to induce employers to hire enough new workers to bring the jobless rate down to 4%, the Administration might indeed have to fire up demand in the economy enough to rekindle inflation. Brookings Institution Economist George Perry notes that in the 1950s a 4% jobless rate was accompanied by price inflation of 2% a year, but that today it would result in almost a 5% annual rate of price boosts. The Administration's apparent target of reducing the unemployment rate...
Ghost and Hammer. Archetypical of the new manager is Eugenio Cefis, 50, president of Montecatini Edison, Italy's largest industrial firm. Except for a brief postwar fling at private enterprise, Cefis, who was trained as an economist, has spent most of his career working for ENI, the state-owned petroleum syndicate. Known as "The Ghost" because of his aversion to publicity, Cefis became the shadowy, indispensable Mr. Fixit at ENI. After he became ENI's president in 1967, he built a sound management team by breaking with ancient Italian tradition and wisely delegating authority...