Word: economists
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Dates: during 1980-1989
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...different from their enemy." "We read with shame," wrote four Jewish intellectuals in a letter to the New York Times, "reports of house to house beatings of hundreds of people, leading to broken bones and hospitalization of the aged and children." The letter was signed by Author Irving Howe; Economist Henry Rosovsky, a former Harvard dean; Princeton Political Scientist Michael Walzer; and Rabbi Arthur Hertzberg...
...goods." This rationalization provoked ridicule from Democratic critics. Congressman Richard Gephardt of Missouri, a champion of fair trade and a presidential candidate, labeled Reagan's argument "mush." Said he: "The trade deficit is an indication that we're not winning our share of the world economy." Rudolph Oswald, chief economist of the AFL-CIO, agreed. "Reagan must have been reading Alice in Wonderland rather than the U.S. trade figures. He's got everything upside down...
...dollar goes lower, its 50% decline against major currencies since early 1985 has started to work wonders for American exporters, who have watched their products become progressively cheaper to foreign buyers. U.S. exports were an estimated $251 billion last year, up nearly 15% from 1985, and most economists expect the rise to continue. Jason Benderley, a senior economist at the Goldman, Sachs investment firm, predicts that if the dollar stays at its current level, overseas shipments could grow by as much as 15% a year through 1991. If imports level off or decline, the trade deficit could finally start...
...being asked to work harder but have yet to see any tangible benefits in the form of increased supplies of better- quality goods. Party and government bureaucrats fear lost privileges and deviations from socialist ideology. Even some of the Soviet leader's reform- minded allies have reservations. Economist Gavril Popov, a Gorbachev adviser, has argued publicly that the self-financing plan is doomed to become a "fiction." Writing in the newspaper Sovetskaya Kultura, he said Soviet plants would still sell most of their goods to the government...
...series of seminars held sometimes in the Central Committee offices, sometimes in a dacha outside Moscow. The sessions started with problems of agriculture but quickly developed into freewheeling discussions of what was wrong with the economy in general and how it might be fixed. Among the participants were Economist Abel Aganbegyan, who had been urging decentralization and a wider role for market incentives since the mid-1960s, and Tatyana Zaslavskaya, a leading sociologist. Zaslavskaya recalls one encounter with Gorbachev: "I sat next to him. It is incredible what power and drive emanate from him. One feels as if it were...