Word: economists
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Dates: during 1970-1979
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...overall cost of auto regulation is breathtaking. Economist Colin Loxley of Wharton Econometrics estimates that GM, Ford and Chrysler will spend about $18 billion between 1979 and 1985 to reach the various pollution, mileage and safety goals set by the Government. Most of this inflationary cost, of course, will be borne by the buyer. According to GM's Estes, the price of a typical GM car by 1985 will be $945 more than it would have been without the regulations...
...Boston chapter's membership includes college students, plumbers, and a professional economist, Pugliese said...
Walter Levy, 67, is the dean of petroleum consultants, a self-taught economist, tax expert and political scientist who advises oil companies and governments...
...supervisor, F.D. Cobourn, was neither an economist nor a manager by training. A classic case of the Peter Principle, he had been promoted fairly rapidly until he hit a position he couldn't handle, and there he sat. An introverted man who had once apparently been a fair researcher and writer, he simply could not manage an office. He would grunt hello in the morning and then disappear into his office, where he spent his days rearranging the commas in our reports...
...Economist Walter Heller of the University of Minnesota noted: "We seem to have an accident-prone inflation." For example, the extra-cold winter has dulled the sex drive of sows. Because they have not produced as many piglets as usual, the price of pork chops is going up. Though the economy is vulnerable to further shocks of climate, biology or politics, the members of TIME'S bipartisan, multi-opinion board displayed a rare unanimity of views about what lies ahead for the nation...