Word: leontiefs
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...will be nearing exhaustion. That gloomy forecast has been increasingly disputed of late, and it takes another knock in a report soon to be published by the United Nations Department of Economic and Social Affairs. After three years of analysis, a team of economists headed by Nobel Prizewinner Wassily Leontief has concluded that world resources can support a growing population well into the 21st century. Global abundance will also permit higher standards of living without destroying the environment...
This situation clearly does not represent the full spectrum of economic thought adequately, and the conservative capitalist side underrepresented. With a faculty like this, the department that affectionately harbored Galbraith and Leontief for years could hardly be called conservative...
...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...