Word: reform
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Dates: during 1970-1979
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Houthakker, who served on the Council of Economic Advisers in 1969-1971, testified before the Senate Committee on Government Operations, which is hearing debate on the establishment of a national committee on regulatory reform...
Hendrik S. Houthakker, professor of Economics, told a Senate committee Friday that the present period of inflation and recession is due to lack of competition in the American economy and urged the reform of Federal regulatory agencies...
Teaching problems aside, it is doubtful whether the Economics faculty are willing to accept curriculum reform and the faculty changes it would require. They have a vested interest in rejecting new courses and professors that will challenge the validity of their neo-classical approach and their emphasis on research. The Economics Department has consistently refused to hire radical economists, arguing that they were not academically qualified to receive tenure. But the department has made no systematic attempt to search for what it defines as "qualified" radicals, although they certainly exist and students have certainly asked for them...
JUDGING BY THIS past performance it is doubtful that the Economics Department can reform itself. Its failure to act on the six-month-old visiting committee recommendations is bad enough, but there is even more evidence to indict the department...
Judging from the way Rosovsky has set up today's meeting--the first major discussion of what could be a set of sweeping changes in the nature of undergraduate education--the chances for that kind of reform do not seem especially good. Rosovsky has started off on the wrong foot with his reforms by effectively excluding the very people they are supposed to affect--students--from the first deliberations. The only students at today's meeting are members of faculty-student committees, and since the press is barred from the meeting the general student body will probably never find...