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...look back on America the Beautiful with nostalgia? On the full-value dollar with an empty feeling in your wallet? Well, you shouldn't. To do so is to submit to "sentimentality, prejudice and myopia," according to Herbert Stein, 56, chairman of President Nixon's Council of Economic Advisers. Speaking before an audience of bankers, businessmen and educators in Richmond last week, Stein denounced critics of the President's new budget for their negative vibrations...

Author: /time Magazine | Title: The Nation: Cheer Up | 2/26/1973 | See Source »

...environment? That, said Stein, is a "stunning example" of fuzzy thinking by which "anything that improves the environment is also a good thing, regardless of cost." Said Stein, "In today's world, if you can look about you and see that things are pretty good, you're not fit to be an editorial writer for the New York Times, my son." Standing a cliché on its head, Stein announced: "Today it is the bearer of good news who is in danger." Duck, Mr. Stein...

Author: /time Magazine | Title: The Nation: Cheer Up | 2/26/1973 | See Source »

Died. Robert M. Coates, 75, short-story writer and art critic for The New Yorker for three decades (1937-67), and author of surrealistic fiction (The Eater of Darkness) who also launched a famous literary friendship in Paris when he introduced his onetime boxing partner, Ernest Hemingway, to Gertrude Stein; in Manhattan...

Author: /time Magazine | Title: Milestones, Feb. 19, 1973 | 2/19/1973 | See Source »

...that can be achieved, he said, 1973 can be, not just "a very good year" like 1972, but "a great year" in which the U.S. will "enter into a sustained period of strong growth, full employment and price stability." His three-member Council of Economic Advisers-Herbert Stein, Marina von Neumann Whitman and Ezra Solomon-went on to describe the prospects in a 301-page report that could best be characterized as soberly glowing...

Author: /time Magazine | Title: PREDICTIONS: A Great Year--If | 2/12/1973 | See Source »

Fittingly enough, the first CEA report to be prepared partly by a woman -Marina von Neumann Whitman, the council's only female member-is also the first to contain a chapter on the role of women in the economy. The chapter was included because CEA Chairman Herbert Stein was asked to write an article for the Ladies' Home Journal on the subject; looking into the matter, he discovered what Mrs. Whitman calls "a mass of ignorance." The CEA report cuts through that ignorance in rather gloomy fashion and indicates that women have made startlingly little progress toward...

Author: /time Magazine | Title: JOBS: A Long Road for Women | 2/12/1973 | See Source »

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