Word: feldstein
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...this week's cover story, Taber spoke with Harvard's Martin Feldstein and other members of this new group of "incentive economists" and with such top economic policymakers as Treasury Secretary G. William Miller and Presidential Adviser Charles Schultze. Says Taber: "I was surprised to find that officials who often begrudge 15 minutes to discuss current policy would happily sit back for an hour and theorize about what has gone wrong with the economy and why." Until recently, Taber notes, the average American had little familiarity with that topic. Says...
...Martin Feldstein, 40, his colleagues predict, is some day bound to reach the pinnacle of their profession: chairman of the President's Council of Economic Advisers. A summa cum laude graduate of Harvard, Feldstein is already perhaps the most influential young economist in the nation, the leader of a group of "new conservatives" who are arguing that the Government should meddle less in the economy. Feldstein heads the National Bureau of Economic Research in Cambridge, a private organization financed by grants from foundations and corporations, highly respected in the profession for its study of economic cycles. The cure for what...
...remaining jobless. Notes Feldstein: "Government policy has not only failed to eliminate the problems that it was designed to solve, but has also frequently exacerbated those very problems...
...Martin Feldstein, professor of Economics, echoing the majority view, called the nomination a "first-rate appointment...
While the main thrust of Feldstein's economics is conservative, Eckstein says that "the basic question is 'Does he impose his views on the bureau?' And he has not, if you look at the type of research that's done...