Word: stein
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...Full employment" has different meanings, none literal. President Nixon, in his Economic Report last February, defined it as a jobless rate no higher than 3.8%, but one of his economic advisers, Herbert Stein, recently upped the standard to 4%-a criterion most members of TIME's board second...
...exceptionally articulate defense of the Administration's "game plan," Herbert Stein, a member of the Council of Economic Advisers, described the goal: "To curb inflation without causing a recession, and to do this by first steadily slowing and then steadily reviving the growth of demand." The first half of this plan has been accomplished, Stein contended. The Administration has proved that "the idea that something fundamental had changed in the economy to make permanent inflation inevitable was simply a mistake-another example of our propensity for regarding every ripple as a trend." He cited a recent increase in workers...
More importantly, Parker places a higher value upon rowing one's best, rather than winning. In fact, when his seven-man hurt his hand so severely before the Stein Cup race last April that he was a questionable starter, Parker allegedly told his crew that he would seriously consider forfeiting the regatta, one the Crimson was sure to win easily, if the oarsmen could not compete. He was that concerned about the shell staying together as a unit...
...STRANGE LAST VOYAGE OF DONALD CROWHURST by Nicholas Tomalin and Ron Hall. 317 pages. Stein...
Though charts are only one of many sources for Stein?and securities men, in any case, are divided about their predictive value?the floor of his office is usually cluttered with enormous books of them, made up daily. During and between phone calls, Stein riffles through the charts, making occasional notes. "They speak! They speak...