Word: loxley
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...overall cost of auto regulation is breathtaking. Economist Colin Loxley of Wharton Econometrics estimates that GM, Ford and Chrysler will spend about $18 billion between 1979 and 1985 to reach the various pollution, mileage and safety goals set by the Government. Most of this inflationary cost, of course, will be borne by the buyer. According to GM's Estes, the price of a typical GM car by 1985 will be $945 more than it would have been without the regulations...
Even if he had never ventured beyond his own field, Frank Loxley Griffin, 75, would still have enjoyed a reputation as a distinguished mathematician. But to little (650 students) Reed College in Portland, Ore., Griff has always been a great deal more than that. When he retired in 1952 after 41 years, the college thought it had lost not only a beloved teacher, but a man who as much as any had made Reed the lively and respected campus that...