Word: economists
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Dates: during 1980-1989
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Nobel Prize-winning economist John Kenneth Galbraith, speaking at a Winthrop House dinner commemorating Harvard's 350th anniversary, recalled his days as a tutor during here during the 1930s. Galbraith cited one wild party in Winthrop in which a drunken student dove three stories from his C-entry room and died. "There was great enjoyment of sex, alcohol and leisure," the former ambassador to India said with great candor...
...works and housing subsidies. In late October the central Bank of Japan cut its discount rate, the interest charged on loans to commercial banks, from 3.5% to 3%. It was the fourth cut this year. Officials are now studying tax reforms to spark consumer spending. Says James Vestal, senior economist with Britain's Baring Securities: "The government will facilitate change, and it will be a rocky road...
Waldorf says he went to Lesotho, an independent country surrounded by South Africa, at the age of 17 with his father, an economist who works for the World Bank and the United Nations. During this time, he attended university in South Africa for a few months...
British audiences will be watching Americanreaction to tonight's speech very closely because,according to an article in The Economist, someBritons fear that Kinnock's disarmament policymight prompt the U.S. to withdraw from itscommitment to defend England...
Some theorists put part of the blame for the unemployment problem on the behavior of black youths. Glenn Loury, a political economist at Harvard's Kennedy School of Government, notes, "The characteristics, the attitudes, history, criminal-arrest records and other qualities of the young men themselves make them difficult to employ." Elijah Anderson, professor of sociology at the University of Pennsylvania and author of A Place on the Corner, a 1978 study of the lost men of the ghetto, believes that out of a misplaced sense of pride, many black youths are unwilling to accept the low- paying, low-prestige...