Word: hellers
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...about to lay off some of its 40,000 white-collar workers to reduce costs. A. W. ("Tom") Clausen, vice chairman of the Bank of America, predicted last week that banks will cut their prime rate from the present record 81% early next year, or perhaps even sooner. Walter Heller, the former White House chief economist, maintains that "inflation has probably now passed its peak of intensity...
Economists of all shades of opinion consider controls undesirable, unworkable, unfair, even immoral. Conservative Milton Friedman has condemned them, and so has Paul McCracken, head of Nixon's Council of Economic Advisers. Another former CEA chief, Walter Heller, adds: "Trying to substitute Government omniscience for the brilliant cybernetics of the private market system would invite too many distortions, too many evasions." The public, however, is so fed up with inflation and so sick of the surtax that it favors wageprice controls-by a 47%-to-41% margin, according to the latest Gallup Poll. It has apparently forgotten the black...
...easier for Congress to acquiesce to the demands of loophole beneficiaries. When tax-code reform is accomplished, Congress will be free to act on some new and imaginative tax ideas, such as Nixon's plan to offer special incentives for the rebuilding of ghettos and Economist Walter Heller's program for federal-state revenue sharing on a no-strings, per capita basis...
Relatively few years were left to him before his death at the age of 78, but in that time, Streeter's "primitive" paintings won growing admiration. Currently, Beverly Hills' Sári Heller Gallery is mounting a show of his work, asking up to $25,000 for a painting...
...ways, the book is a compendium of fashionably youthful flaws. Both illusive and allusive, it is often ultra-literary in just the wrong sort of way-full of echoes from the author's literary heroes, T. S. Eliot, Proust and Truman Capote. There are also resonances from Joseph Heller. One can imagine Heller's Captain Yossarian, sitting up there in the sky, cursing the night, as the U.S. Air Force drops a bomb in the garden that Arlecq recollects from his own childhood. "It is still a good eight weeks till Easter," Fries writes, "but Arlecq...