Word: leontiefs
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...others: Paul Samuelson, Simon Kuznets, Kenneth Arrow, Wassily Leontief, Tjalling Koopmans, Milton Friedman, Herbert Simon, Theodore Schultz, Lawrence Klein...
...decline-a serious crack in traditional capitalist optimism. The '70s reverberated with dark prophecies. In 1972 the Club of Rome proclaimed "the limits to growth." Economist Robert Heilbroner preached the Hobbesian nightmare, hell on earth as resources vanish and social systems deteriorate. Another economist, Harvard's Wassily Leontief, gave the world only 20 years for a kind of last fling before its primary sources of energy are exhausted. That was the apocalyptic streak...
This conviction prompted Hoffmann and Walzer to ask a number of other Faculty members to attend a meeting at Sever Hall to discuss the bust. About 100 faculty attended the meeting, from which emerged the liberal caucus, led by Hoffmann, Walzer and Wassily Leontief, then professor of Economics. They drew up a four-point resolution condemning both the student takeover and Pusey's action; the motion specifically indicated Pusey, saying he had "misinterpreted the Faculty vote on ROTC" and stating that his public statements "were a major source of the current disturbance." The resolution also "deplored the lack of consultation...
...expanding domestic production and relying less on imports, the world's poorer countries may achieve a trade balance and may boost production to "provide them with exactly what they need," Leontief said...
...Leontief, a former Harvard economics professor said that population growth is a very important variable in predicting the future of world economy, and added "The future of many countries depends on population increase...