Word: steins
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Dates: during 1970-1979
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...fact, for the past five months the jobless rate has stubbornly held at 5% -a figure that few other industrialized nations would tolerate. May figures due out this week could show some decline. Yet even Herbert Stein, head of the Council of Economic Advisers and an eternal optimist about the economic outlook, predicts that the jobless rate will drop only to about 4.5% by year's end. That expectation has led the Administration to redefine "full employment" by dropping the old numerical target of a 4% unemployment rate and shoot instead for a condition in which persons who want...
LAUGHING ALL THE WAY by BARARA HOWAR 298 pages. Stein & Day. $7.95 THE LAST OF THE SOUTHERN GIRLS by WILLIE MORRIS 287 pages. pages. Knopf...
...SUPER COPS by LH. WHITTEMORE 359 pages. Stein...
Administration economists claim that the Government already has done all that will be necessary to cool the boom gently, by holding down the growth of credit and federal spending. Herbert Stein, chairman of the Council of Economic Advisers, is confident that the frenetic growth of the last two quarters will slow as the boom itself causes more tax money to be siphoned out of the economy (income tax collections grow automatically as pay and profits swell). Shortages of credit and climbing interest rates, in Stein's view, will cool the enthusiasm of businessmen wanting to borrow for further expansion...
OFFICES AND BUSINESSES. New York Architect Richard Stein reckons that there are plenty of ways to cut energy costs in office buildings, starting with lighting standards. These are set to meet unnecessarily high requirements, he says, and waste electricity. Stein also would avoid designing buildings with sealed, all-glass facades (he advocates windows that open). Such little design changes, he estimates, could reduce air-conditioning needs by 20%. Others suggest staggered work shifts, some at night or even on weekends, to ease peak daytime loads on power plants...