Word: keynesian
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While the Veritas Committee worries about the evil effects of Keynesian economics upon undergraduates, a group of sophomores have given the capitalist tradition an invigorating shot in the arm. A greeting card company founded by Richard D. Copaken '63 and Mark E. Talisman '63 has met with such success that major firms are being forced to imitate their line...
...earlier Christian-American moorings. The fact is this tendency has become so pronounced in recent years that it has prompted one observer to remark: "No matter what trail of left-wing thinking or activity you investigate, it will lead ultimately and inevitably to Harvard University, whether it deals with Keynesian socialism, Marxism, or Bolshevik Communism...
Samuelson describes himself as a member of the "neoclassical synthesis" school of economics-an amalgam of Keynesian insights and classical theories. He does not believe that the best government is the least government, but neither does he think that direct wage and price controls or government ownership is desirable. Because businessmen sometimes take a narrow and personal view of government policy, based on their own interests, e.g., tariffs, Samuelson says that "our thinking is somewhat at cross-purposes with business philosophy...
...group of extremely conservative alumni, the Foundation has published a staff study" entitled Keynes at Harvard, which charges that the department is in the grip of a "Keynesian orthodoxy," and refuses to tolerate any kind of economics save its own "leftist" variety...
...Foundation circular notes "Keynesian ideas enjoy almost a monopoly" in American colleges. The effect of this monopoly is that "pessimism, discouragement and the credo of despair have been skillfully instilled into the minds of our youth. It has been done with planned premeditation...