Word: economists
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Dates: during 1970-1979
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...that governmental staple-statistics. "Numbers are the bricks and mortar of economics," he concedes, "but they can always be jiggered to support a case. The only statistic I still trust is my Social Security number." To those who question his fondness for his subject, Taber offers an observation from Economist Robert Heilbroner: "A man who thinks that economics is only a matter for professors forgets that this is the science that has sent men to the barricades...
Another proposal, originated by Farmington Hills Insurance Executive Richard Headlee, a former director of the U.S. Chamber of Commerce, is backed by an array of conservative businessmen, Senator Robert Griffin and Economist Milton Friedman and has already received 415,000 signatures. Headlee's proposal would hold the combination of state and local taxes to the current figure: 9.7% of total personal Michigan income...
...determine the supply of money and the level of interest rates?and no questions touch off more disagreement in American policymaking. If the Federal Reserve is not condemned by the AFL-CIO's George Meany for causing unemployment by being too stingy, it is certain to be damned by Economist Milton Friedman for spurring inflation by being too generous. All too often it will simultaneously incur the wrath of liberals and conservatives...
...seventh seat was vacated by Burns, and Carter has decided to appoint a woman to an institution once so male chauvinist that it took Eleanor Roosevelt to crash the men-only rule in the board's dining room. The successor is Nancy Teeters, 47, the chief economist of the House Budget Committee. She was chosen largely because she has strong liberal views that she argues forcefully; Carter sees the board, Miller excepted, as a hotbed of Hoover Republicanism...
...court panache and off-court sophistication, she was very young-and now she was quite alone. Navratilova probably can never return to her homeland, and Czech officials have refused to allow her parents to visit her in the West. (An appeal by her father, a factory economist, for permission to go to Wimbledon was turned down...