Word: economists
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Dates: during 1970-1979
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...create that all who oppose him are "Marxists". Aside from the narrow point that his political myopia prevents him from distinguishing Marxists from anarchists from populists, I would like to remind Wilson of what he already knows: the first public attack on Sociobiology came from that noted Marxist economist, Paul Samuelson, who in his column in the rabid left periodical, Newsweek, called "Sociobiology just another example of "social Dar-winism." No, Prof. Wilson, it doesn't take a Weather-man to know which way the wind blows, especially when it is a blast of hot air. Richard C. Lewontin...
Joseph Pechman, a member of TIME's Board of Economists who is on leave from the Brookings Institution, accepts the need for some tightfistedness but thinks that Ford's budget goes much too far. Says he: "It's terrible. I don't think the economy can stand it. It's too drastic a change too early. I just don't think we should turn around so fast." Pechman also criticizes Ford's proposal to allow individuals to defer paying taxes on funds invested in certain stock plans. The economist argues that the idea...
Strong Cadre. Nonetheless, the university's impact has been felt in a number of ways. During the Nixon Administration, the President and his top economic advisers embraced the monetarist theories of conservative Chicago Economist Milton Friedman. Chicago Political Scientist Leo Strauss impressed several generations of students with his vision of the general leftward trend of world politics. One of these students was Robert Goldwin, who now serves as President Ford's resident intellectual...
...Hair Below. Some economists argue, in fact, that the economy is doing about as well as it ever has in creating jobs for traditional, career-minded workers. Irwin Kellner, vice president and economist of Manufacturers Hanover Trust Co. in New York, points out that since 1948 the number of people who do have jobs has averaged 55.4% of the U.S. population over 16 years of age. The ratio in November was only a hair below that...
...Expansion and redirection of Government-financed job-training programs. Economist Charles Holt of the Urban Institute, a private research organization, suggests that the Government finance more programs to train semiskilled workers to move up into highly skilled jobs. That would open up more semiskilled jobs...