Word: economists
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Dates: during 1970-1979
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William G. Bowen, an economist and provost of Princeton, was named president of Princeton Monday, ending a seven month search for the university's seventeenth president...
Model Application. Chrysler asked for a 5.9% price hike to reflect the two-step wage increases of 7% that automakers will begin paying this week. The commission bounced the application and demanded more facts. Says Economist Robert F. Lanzilotti, a commission member: "We need to know more about their costs in terms of direct labor, materials, plant burdens, corporate burdens. I know that this information exists, and we want...
...Felipe Herrera, 49, a Chilean economist, head of the Inter-American Development Bank for eleven years, now a professor at the University of Chile. Because Chile's leftist government endorsed Herrera, the U.S. took the unusual step of publicly stating that he was unacceptable...
There isn't one single guy today at the White House who has an agriculture background. Take the presidential aide handling agriculture and the environment, John Whitaker. You know what he is? A geologist! What the hell does a geologist know about agriculture? Secretary Hardin is an economist. You can take all the economists in the world and lay them end to end, and they'll never come to a conclusion. My initial reaction to Dr. Butz? Oh hell, another professor! I was hoping for someone from the soil. But I'm reserving judgment until I find...
Prince of Demons. Outside the stock market, uncertainty may not be the prince of demons that it is on Wall Street, but neither is it a force for optimism. Members of TIME'S Board of Economists showed somewhat less cheer at a meeting last week than they had at their last previous gathering in late September. Economists who had predicted an unprecedented $100 billion rise in national production next year stood by their forecasts, but confessed that they felt less sure. Walter Heller and Robert Triffin noted that industrial production is still 6% below its peak in 1969, that...