Word: feldstein
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...flowing in from abroad. Lured by the lofty interest rates and attractive business opportunities available in the U.S., foreigners are pouring about $100 billion this year into American investments, including bank accounts, stocks, bonds and Treasury securities. Without that influx, U.S. interest rates would be even higher. Says Martin Feldstein, a Harvard professor who served for two years as Reagan's chief economic adviser: "Although no one knows when the capital from abroad is going to dry up, the U.S. should not continue to live on borrowed time...
While most economists agree that the deficit is a threat, there is no consensus on how to slash it. Many, including conservatives like Feldstein as well as liberals like Alice Rivlin of the Brookings Institution, believe that tax increases are unavoidable. Others, like Allan Meltzer of Carnegie-Mellon University and David Meiselman of Virginia Polytechnic, think that the emphasis should be on reductions in spending. In the NABE survey, economists were almost evenly split on the issue: 42% said that the deficit should be pared solely through spending cuts, while 41% supported some form of tax increase or reform...
Under the leadership of Professor of Economics Martin S. Feldstein '61, who leads the course this year after a two-year stint as Chairman of the Council of Economic Advisors, the course grew by 116 students over last year, when just over 950 students signed...
Lawrence B. Lindsey, head section leader for Social Analysis 10, attributed the growth of the course to the national attention Feldstein received while working in the Reagan Administration...
...department ought to have planned just such a study when Feldstein first indicated last spring that he would terminate the sections. Economics faculty charge that Feldstein was "unavailable" during the summer and that no one got a chance to voice a counter-opinion. In any event, the department should have taken more responsibility for what is, after all, the course with the highest enrollment in the College...