Word: macavoy
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...Paul Macavoy, 40, professor of economics at M.I.T., is probably the nation's foremost expert on Government regulation of private industry. A Phi Beta Kappa from Maine's Bates College with degrees in economics from Yale, Macavoy argues that regulation is inefficient and retards production. He favors instead a gradual end to regulations over the price and quality of service, feeling that these should be the province of private industry. While this position disturbs some fellow Democrats who generally favor regulation, his service
...MACAVOY...