Word: feldstein
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Professor of Economics Martin S. Feldstein '61 may be the chairman of the Council of Economic Advisers, but he still has to pay taxes. And the IRS may be doing a little bit of extra snooping down at the Old Executive Office Building in Washington once they get a load of the Guilford Town Report...
...return to Harvard in September should be a welcome relief after Washington's grueling pace. Feldstein usually gets up at 6:15 and drives his 1976 Volvo from the family's rented town house in Georgetown to his office in the Old Executive Office Building. He is rarely on the cocktail-party circuit. Says his wife Kathleen: "We only go to places where we can really talk to people...
...Feldstein prefers to work late at the office or in his book-lined study at home. Sometimes he can be seen at 2 a.m. walking the family dog, a beagle named Daniel Webster, through the streets of Georgetown. To friends he can appear onedimensional. Says one: "His interests run to economics, economics and economics." His one hobby is photography. Among his prized possessions are videotapes of an eight-week round-the-world trip the family made in 1982. Recalls his wife: "It practically killed us to lug that equipment to the Great Wall of China, but we got some terrific...
...Feldstein closely follows the academic progress of his daughters. Says a friend...
...Feldstein enjoys the limelight. Three weeks ago, he and his wife were in a Richmond art gallery when a man sidled up to him and said, "Give 'em hell." Feldstein beamed. He is receiving about 70 letters a week, most of them favorable. Keep it up." wrote a Seattle woman. "Thank you for calling 'em as you see 'em." wrote a man from Marietta, Ga. With supporters from coast to coast, maybe he will even find a few backat the Harvard faculty lounge...