Word: steins
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Dates: during 1970-1979
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Wilson can also be funny. He mixes Gertrude Stein gibberish with high camp and low burlesque. One of the show's running gags is just that-a fellow in a red shirt and shorts who jogs rapidly across the back of the stage at intervals, always at a meticulously identical pace. At times this makes for sheer absurdity; at other times it seems almost like a mystical trance...
...chemicals are basic products from which a myriad of other goods are manufactured. Permitting their prices to go up would surely create a ripple of new inflation that would spread through many other industries. Such a surge would add to an inflation rate that even Eternal Optimist Herbert Stein, chairman of the Council of Economic Advisers, concedes may breach...
...There is still a lot of inflation ahead of us," said Herbert Stein, chairman of the President's Council of Economic Advisers. In current context, he rates as an optimist. The Labor Department reported last week that retail prices in October rose at an annual rate of 9.6%, almost triple the September pace, and Otto Eckstein, a member of TIME'S Board of Economists, warned that inflation in the next three to six months will be "unbelievably...
...decisions. Policymakers are intensely debating just what powers should be given to this agency. Federal Reserve Board Chairman Arthur Burns has proposed making it a permanent "wage-price review board," which would watch for egregious increases and then try to "jawbone" companies or unions into rescinding them. Shultz and Stein oppose jawboning because they think that it interferes with market forces and cannot be used fairly. They believe that a new agency should concentrate on stopping inflationary actions taken by the Government. In the recent past, bureaucratic infighting helped temper prices. Earlier this year, for example, the COLC practically forced...
...products; even turkey will be in short supply for the holidays. More frustrating, because of snarls on overloaded U.S. railroads, the bumper yields will be tortuously slow in reaching markets, further tightening supplies and kicking up retail food prices, which have inflated 21.5% in the past year. Concedes Herbert Stein, chairman of the Council of Economic Advisers: "It's probable that we will see some larger food prices in the months ahead...