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...Harder. Other politicians and economists are clamoring for a loosening up of fiscal as well as monetary policy. Says Harvard's Otto Eckstein, a member of TIME'S Board of Economists: "By early 1975, the recession is likely to be sufficiently severe that the moment for modest personal income tax reduction will be appropriate...

Author: /time Magazine | Title: THE RECESSION: Calls for Tax Cuts and Money Ease | 12/2/1974 | See Source »

...nature of the conservative reaction is revealing: Associate Professor Bowles was defeated in his 1972 tenure bid by a 15 to 5 vote of the Economics Department tenured faculty. Even liberal Democrats on the faculty, like Otto Eckstein and Robert Dorfman, opposed Bowles. The radicals saw the faculty saying that, in a liberal university, all ideas are to be tolerated-except those ideas that critically undercut the very basis of liberal scholarship, the liberal credos of the scholar as an impartial observer of society and the university as an ivory tower outside the influence and direction of the prevailing social...

Author: By James I. Kaplan, | Title: Faculty Radicals | 11/18/1974 | See Source »

...women keep diaries? Listen to a shrink. Better yet listen to two. When asked what a normal person should be able to do, Freud answered "to love and to work." When asked about the relation of woman's mental health to her productive activity, Otto Rank replied that "when the neurotic woman gets cured she becomes a woman. When the neurotic man gets cured he becomes an artist." Many women's diaries were born of the madness of the double standard so preciously summarized in these musings...

Author: By Laurel Siebert, | Title: To Love And To Work | 11/15/1974 | See Source »

...diary's first volume, Freud's one-time disciple, Otto Rank, analyzes Anais. By the fifth volume, her digressions on neurosis come as a matter of course. With the conviction that personality has ceased to be an enigma, she resolves to deflate her anxieties with keen insight, pretty much like the prick of a needle eliminates balloons. To this end, she doggedly pries apart relationships and scrutinizes the pieces for wear. It turns out that the traits she rebels against in friends often lurk unacknowledged in herself, so that an end to friendships ends external friction, while the sparks smolder...

Author: By Anemona Hartocollis, | Title: A Way to Rejoin the Ocean | 10/25/1974 | See Source »

...triple play was set up by Republican U.S. Attorney James R. ("Big Jim") Thompson, 38. Earlier, he obtained convictions against former Governor Otto Kerner, Cook County Clerk Edward Barrett and five other alder men. But "this time," said Thompson, "the system was on trial." Daley, 72, who had a mild stroke last May, is considering running for a sixth term next year...

Author: /time Magazine | Title: The Nation: Turning Point in Chicago | 10/21/1974 | See Source »

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