Word: otto
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Dates: during 1970-1979
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...concedes that the plan will add "moderately" to the inflation rate, but contends that somewhat higher prices are part of the cost the nation must pay to resolve its "most serious problem." The program should have little or no impact on economic growth, Pechman asserts. Harvard University's Otto Eckstein also believes the plan is workable. If enacted by Congress, he says, the package would add no more than seven-tenths of one percentage point to living costs between now and 1980. Automakers would be hurt, but not disastrously. Though sales of small models would climb under the plan...
...Still, Otto Eckstein, a member of TIME'S Board of Economists, forecasts total 1977 housing starts of 1.9 million, down a bit from the March pace but about 24% higher than last year. For the moment, at least, a house in the suburbs appears to eager buyers to be a kind of inflation hedge with crabgrass...
...voluntary program would have much impact on the current 6% rate of inflation, let alone enable him to reach his goal of slashing it by 2 percentage points by the end of 1979. But no one expected him to come up with a more effective plan. Said Harvard Economist Otto Eckstein, a member of the TIME Board of Economists: "The President has done what he can. There is no support for any other program...
...OTTO ECKSTEIN, Harvard economist; member of TIME's Board of Economists. The results so far have been mediocre at best. A Democratic President, working with a Democratic Congress, might have brought the country a new day of enlightenment...
Most of the current Schubert literature is based, as Fischer-Dieskau notes, on the documents unearthed and published in 1946 by the Austrian scholar Otto Erich Deutsch. Compared with the 1,500 letters of Beethoven that still exist, the Schubert documentation is woefully small. Use of the songs to fill in some of the "psychological gaps" is a potentially dangerous technique. Mozart, for example, produced joyous music in desperate circumstances. With Schubert, however, it seems an acceptable approach. Aside from his school teaching and boozy sessions in various Viennese inns, the composer had almost no life at all apart from...