Word: roosa
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...economists are beginning to worry that the stage may be being set for a recession that will follow on inflation's heels. Some of the building blocks that have historically marked recessions, in fact, have already been laid in place. The extraordinary tightness of money, warns Robert V. Roosa, former Under Secretary of the Treasury for Monetary Affairs in both the Kennedy and Johnson Administrations, means that unless the Federal Reserve Board is careful to act in a "delicate and sensitive way," it "could bring the whole financial mechanism grinding to a halt...
...artificial unit of currency. In Paris this week, before a meeting of the Group of Ten (Belgium, Britain, Canada, France, Germany, Italy, Japan, The Netherlands, Sweden, the U.S.), Treasury Under Secretary Frederick L. Deming intends to outline a plan conceived in part by his predecessor, Robert Roosa, who is now a partner of Brown Bros. Harriman. It proposes establishment of the cru-for collective reserve unit-which would supplement reserves of dollars and pounds in international payments. The U.S. idea is that movements of the cru would be handled by the International Monetary Fund, which already oversees national financial situations...
Born in West Virginia, lanky Jim Duesenberry won bachelor's, master's and doctor's degrees (in economics) at the University of Michigan, roomed for a time with former Treasury Under Secretary Robert Roosa. One member of the board that granted Duesenberry's Ph.D. was Gardner Ackley, his new boss. An Air Force statistician during World War II, Duesenberry rose from private to captain. He joined the Harvard faculty in 1946, soon made his mark with a study of consumer spending that helped to spike fears that consumers would spend too little to fuel the postwar...
...President's third in a row from the faculty of Harvard or Yale, will leave the council's economic complexion virtually unchanged. Economists across the U.S. seem to agree that the choice was shrewd. "He fits right into the middle of CEA thinking," says Bob Roosa (for whom Duesenberry was a Treasury consultant). "He's a theorist with the quality of judgment." Considering the delicacy of the decisions he will help make, Duesenberry should find plenty of scope for that range of talent...
...financial chiefs approached the IMF with requests for more support. Asian delegates asked the U.S. Government to underwrite the proposed Asian development bank. Among the 2,000 moneymen from 103 nations who crowded into the Sheraton Park Hotel, such bankers as the U.S.'s David Rockefeller and Robert Roosa, Britain's Viscount Harcourt and Italy's Ettore Lolli swapped shop talk and negotiated private deals...