Word: olsen
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...Mark Olsen '82, a member of the assembly committee that put together the report, says the College could save about $250,000 in heating costs during the shut-down. Olsen says awarding money to Houses that save the most energy each month is a meager effort compared to the savings a calendar change would allow. "I don't know why they waste their time just turning off lights," he adds...
...While Olsen says his calculations tend to agree with the results of Duncan's study, Duncan says, "I didn't think the figures he showed me had any more meaning than the study I had done. And I just told you the report I did was stupid." Duncan refuses to release any results of his tests, but he adds that, while the winter may be the most obvious place to save energy, it may not always be the best...
...issue of changing the calendar comes down to a familiar one for the Faculty, pitting educational against financial interests. Olsen says a quarter of a million dollars in energy savings ought to offset the hassles of the change. "I never said there weren't going to be problems. I just said they could be worked out," he says. But Fox says he must see savings of more on the order of a half million dollars before considering educational concessions. "It would have to be a significant amount in savings for us to make an educational decision that many would deplore...
...academic institution, the College will probably continue to give priority to educational concerns, at least until advisers from within instead of students from without bring up the energy problem. "As oil hits higher and higher marks," Olsen argues, "they will have to look at it. The ironic thing is that they're going to have to do it eventually anyway." For now, however, administrators are not sold on the idea, and something more than the assembly's $250,000 predicted savings would be needed to convince them to incur the educational costs they see in the proposal...
While the economy continues its steep decline, most economists still do not foresee dramatic runups of unemployment as in 1974. The consensus is for a recessionary unemployment peak of about 8% by year's end. Leif Olsen, chief economist of New York's Citibank, says that talk of 12% is a "bit panicky." Says AFL-CIO President Lane Kirkland: "Unemployment is going to be in excess of 8% by the end of the year under present circumstances." But Economist Michael Wachter of the University of Pennsylvania, among the most pessimistic on jobs, sees the rate reaching a high...