Word: leontiefs
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Dates: during 1970-1979
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...group of mostly liberal thinkers, including Economist Wassily Leontief, Investment Banker Robert V. Roosa and United Auto Workers' President Leonard Woodcock, have called for the establishment of a U.S. office of national economic planning. They have in mind not a stiff bureaucracy that would sap freedoms by handing down directives, but a forward-looking group of several hundred scientists and technicians (and a few economists) who would study the future of the U.S. economy much as a savvy company studies its market. Relying on such factors as population trends and the likely availability of resources, they would try to estimate...
Ford Motor Co. Chairman Henry Ford II has called for creation of a highly visible and vocal federal planning body?underscoring Nobel Laureate Leontief's prediction that the U.S. will adopt planning "not because some wild radicals demand it but because businessmen will demand it to keep the system from sputtering to a halt." Ford's idea is that a planning organization should examine "cost-effectiveness and set timetables. It should take a look at population growth; usages of raw materials and their
...hide his feelings, Galbraith has often put off the administration and some of his colleagues. In 1969 he was a leader of the liberal wing of the faculty in denouncing the administration after a student strike and a police bust. Galbraith's fans, like Nobel Laureate Wassily Leontief, say that "as economic theory has gotten narrower he has provided a bridge to the real world." Others demur. Says Harvard Business School Lecturer Daniel Fenn: "I think his field has not primarily been Harvard. He has used it mainly as a base of operations. My feeling is that...
...year: in last fall's Visiting Committee report on the Economics Department, which criticized the department for the poor quality and content of its graduate program and for the "strong sense of alienation and frustration" among its nontenured faculty and graduate students; and in Nobel Prize-winner Wassily W. Leontief's resignation and citing of the report as a reason for his departure...
Thus, while the Ec Department underwent its trauma over the Visiting Committee report and the loss of Leontief, the senior faculty voted to appoint Marxist economic historian William H. Lazonick to an assistant professorship in Economics...