Word: hellers
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...Catch-22, Joseph Heller...
...stabilize business cycles. The philosophy of Keynes, who died in 1946, has dominated the economic policies of industrial nations since World War II. Today's prevailing belief, however, is a hybrid; most economists now consider themselves "Friedmanesque Keynesians." Having risen from maverick to messiah, Friedman ranks with Walter Heller and John Kenneth Galbraith as one of the most influential U.S. economists of the era. Heller, who was chairman of the President's Council of Economic Advisers under President Kennedy, has whimsically classified Friedman's supporters: "Some are Friedmanly, some Friedmanian, some Friedmanesque, some
...over again. Oil-import quotas, which cost gasoline consumers at least $4 billion a year, could be revised or scrapped. Fair-trade laws, which place floors under the prices of some goods, might also be repealed. These are the sort of moves that economists as far apart as Walter Heller and Milton Friedman agree should be made...
Otto Eckstein $992 1.9% 4.4% 6.3% 4.3% 4.6% David Grove $981.3 .9% 4.3% 5.2% 4.4% 4.8% Walter Heller $988 .2% .4% .6% 4.3% to 4.5% 4.7% to 5% Robert Nathan $980 1.5% 4% plus 5.5% 4.5% minus near 5% Joseph Pechman $990 2.2% 4% 6.2% 4.5% 4.8% Arthur Okun $987 2% 4% 6% 4.5% minus 5% to 5.5% Beryl Sprinkle $966 none...
...movement that Nader fostered goes by the awkward name of "consumerism." It belongs to an age of discontent that has roiled campuses and ghettos, subjected old certitudes to new doubts and stimulated individual assertiveness. Economist Walter Heller says: "People are much more questioning of authority, including the authority of the marketplace...