Word: nathaneal
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Dates: during 1970-1979
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...ended last October and a horrifying 11% in 1974. On this one point, however, there are some serious disagreements in the predictions. Beryl Sprinkel, executive vice president and economist of Chicago's Harris Trust & Savings Bank, sees the end-of-1976 inflation rate at a low 5%; Robert Nathan, head of his own consulting firm, forecasts a startlingly high...
Cautious Policy. Nathan, whose consulting firm advises many unions, reports that "the attitude on the part of labor is pretty sour and pretty frustrated." He fears that unions will push for inflationary wage boosts, and he may be right. Last week the Teamsters Union was talking about demanding as much as a 50% increase for truckers over three years. Mechanics struck United Air Lines; the line canceled all flights through Christmas Eve. Other members of the Board of Economists, while granting that there is danger of a wage-price spiral, think it can be avoided. Some reasons: unemployment will still...
...notion that busing is the last or only hope to achieve integration is a mistake," Nathan Glazer, professor of Education and Social Structure, told a national forum on school desegregation on Saturday in Louisville...
...From the outset, the Securities and Exchange Commission has kept a wary eye on the C.B.O.E. and its sister markets. Options trading could become too attractive, the agency feared, draining money away from the stocks underlying the options. But two studies carried out for the C.B.O.E. by Robert R. Nathan Associates of Washington, D.C., established that market activity in the Big Board stocks represented by C.B.O.E. contracts has not fallen off. So the SEC has approved C.B.O.E. requests to increase its listings, and the C.B.O.E. is now asking the SEC to approve trading in put options. The timetable calls...
...disputed by a host of critics who fear that a default could abort the recovery. Robert Nathan, a member of TIME'S Board of Economists, says that if New York goes under, the shock waves in money markets will drive up borrowing costs for many states and municipalities, forcing them to cut services and spending and hike taxes, and drastically harm the economy. A New York bankruptcy would also wipe out much of the value of $2 billion worth of city securities held by banks round the country. Though the Federal Reserve has pledged to lend the banks enough...