Word: otto
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Tuition hikes are already at "their upper limit." Otto Eckstein, Warburg Professor of Economics and a member of the group, said yesterday...
...forward Otto Schwartz gave the spectators a visual synopsis of the whole contest at the 10-minute mark when, looking at an open net following a corner kick, he spun the wet ball way over the net from close range. It was going to be that kind...
...financial disabilities of old age were first recognized as a serious social problem by German Chancellor Otto von Bismarck, who initiated the social security pension system in 1884. He arbitrarily set the age for receiving benefits at 65, and his model has been followed ever since in much of the Western world. The same age for receiving benefits?and therefore being a candidate for forced retirement?was enshrined in the U.S. Social Security system when it was established in 1935, and was copied in almost all the private pension plans that mushroomed after World War II. Yet in Bismarck...
...board members expect real G.N.P. to increase at an annual rate of about 4% to 4.5% from now through December-bringing the average for all 1977 to a bit under 5%-and to continue at about that pace through the middle of next year. Among the more optimistic is Otto Eckstein, a Harvard professor and president of Data Resources, Inc., a producer of computerized forecasts (TIME, Sept. 26). He predicts a 4.8% advance in G.N.P. for all of 1977, and an average increase of 5% in the first half of 1978. Eckstein foresees that the economy, after slowing somewhat...
...says Otto Eckstein entrepreneurial economist, "how many clients are speaking with our computer at this moment." The good doctor presses a shiny gray key of a Burroughs 7700 computer, and out whirs the answer: 113. Then he touches another key, and the computer spits the names of those 113 paying customers. Among them are the departments of State, Treasury, Commerce and Justice and two dozen other federal agencies. Then there are Morgan Guaranty, Bank of America, Citibank and a score more banks, and American Can, Dow Chemical, Exxon, Shell, among many other industrial giants...