Word: leontiefs
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...Aesthetics and the General Theory of Value Erik H. Erikson, Professor of Human Development and Lecturer on Psychiatry John Kenneth Galbraith, Paul M. Warburg Professor of Economics Stanley Hoffmann, Professor of Government Alex Inkeles, Professor of Sociology and Senior Research Fellow in the Russian Research Center Wassily W. Leontief, Henry Lee Professor of Economics John Rawls, Professor of Philosophy George Wald, Professor of Biology Laurence Wylie, C. Douglas Dillon Professor of the Civilization of France
Among the guests were J. Peterson Elder, dean of the Graduate School of Arts and Sciences; Abram Bergson, director of the Russian Research Center; Wassily W. Leontief, professor of Fine Arts, and Paul G. Dety, professor of Chemistry. Two M.I.T. faculty members also attended. The group discussed education in the two countries...
...input-output tables are the brainchild of Harvard Professor Wassily W. Leontief, whose work persuaded the Government to begin the preparation of such tables in the late 1940s. Fearing that the system would prove a wedge for Government regulation of the entire economy, a group of businessmen led by General Motors Economist Stephen DuBrul in 1953 persuaded Defense Secretary Charles ("Engine Charlie") Wilson to halt work on it. But the work got under way again in 1959 after Professor Raymond Goldsmith of Yale urged the Government to push ahead, and business fears of the tables have turned to open-armed...
Enough Elegance. The tables will be revised every two or three years to register changes in the economy. Professor Leontief would like to see a further breakdown of the economy into 450 to 500 industries, feels that some federal statistics from which the tables are drawn are wanting (TIME, July 10). But he is pleased that his idea has been brought to the point where "the technician, not the philosopher, is needed. The tables will help end all the elegant economic theorizing that has up to now been done with too little data," he says. He is probably 85.6% correct...
...Leontief will be the third Chairman of the 30-year-old Society. Which was founded by President Lowell. The new Chairman is known especially for his work in developing the "input-output" method of analyzing national economies...