Word: economists
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Dates: during 1970-1979
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According to Lawrence Olson, senior economist for the Consumer Research Division of Data Resources, TAF "responds to the college-financing crisis of the middle class. Data Resources Inc. is preparing a study on TAF for the Association of Massachusets Independent Colleges and Universities, which will take a position on TAF later this month...
...Russian-born economist and economic historian, Gerschenkron came to the United States in 1938 and taught at the University of California, Berkeley until 1942. He joined the Faculty in 1948 and taught here until his retirement...
Howard S. Lapin, an economist working with the council, said yesterday that although the guidelines are voluntary measures, the federal government expects colleges and universities to abide by the restrictions...
...geniuses in the social sciences," says Harvard Economist Otto Eckstein. 'The one man in the world who has come closest to being a Renaissance man," opines Richard Cyert, president of Pittsburgh's Carnegie-Mellon University (CMU). These were some of the reactions to the surprise award last week of the 1978 Nobel Prize for Economics to Herbert A. Simon, 62, a professor of psychology and computer science at CMU. Choosing Simon may be an attempt by the Nobel committee to broaden the basis for the economics prize, which has come under muted criticism for being too narrowly focused...
Despite his groundbreaking theories on business decision making, Simon, who has made important contributions to a variety of fields from sociology to applied mathematics, is not an orthodox economist. Moreover, the centerpiece of his economic work, the widely influential book Administrative Behavior, which was cited by the Nobel committee, was published more than 30 years...