Word: macros
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...very opportune time to sell the notion that if we already have an elaborate industrial policy and that our political economy is already going to generate an elaborate industrial policy, then we must search for ways of creating greater coherence and making it more consistent with our macro objectives...
...Reich's teaching, like his policies, are not for everyone. Students say that he is not the most scholarly of professors and does not have the firmest hold on micro and macro economic theories, but instead paints with a broad brush. For that reason he tends to draw students who are more interested in politics than academia. As one comments. "Bob is not an academician by any means, but he is good for the people he is teaching and preparing for government." Another adds. "His teaching is geared to what the Democrats should...
...while tilting at the bold new questions of the eighties and beyond. Hart leaves the old queries to faster. His economic program levels micro solutions helping individual workers and individual flame--an what are essentially macro problems. Freeing up investment funds and giving workers more skills can only work so far. Without an underlying boost in aggregate demand, few companies will care to invest those funds, and without an overall increase in job openings, the most intricate job training will not place the unemployed...
Until this fall community activity focused on such "macro issues." according to Francis M. Duchay '55 a city Councillor and resident of nearby West Cambridge. "We did not concentrate on the tinier, quality of life issues" like pinball and liquor licensing. While certain groups have fought specific licensing decisions in the past this tall is the first time they've done the policy analysis and the kind of research which has allowed them to make more coherent conclusions." Duchay explains...
...added, "His tax cuts forcing high interest rates is part of a foolish macro policy." "One never knows if this will have any effect on the President, but we felt it was important to speak out," Musgrave said...