Word: townsend-greenspan
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...1950s Greenspan and bond trader William Townsend opened a consulting company, Townsend-Greenspan. The company did its work discreetly, making predictions for large businesses and financial institutions...
...adapting to most of the roles he has played. As a conservative economist with a profound faith in the free market, Greenspan has earned the attention of thinkers in every ideological camp. As a White House official, he displayed the dedication and dexterity needed to fashion difficult political compromises. And, unlike many economists who flourish mainly in the confines of a college classroom, Greenspan scored a solid success in the corporate world. His highly profitable, 34-year-old Townsend-Greenspan consulting firm numbers among its clients some of the largest U.S. corporations...
...writing was only a sideline, though. After launching his consulting firm with partner William Townsend, Greenspan devoted his energies to building the business. This was especially evident after Townsend died in 1958 and Greenspan acquired 99% of the stock. Today Townsend-Greenspan provides a wide variety of financial data and detailed forecasts about how the economy will perform. The cost to clients: between $15,000 and $200,000 a year...
...that the U.S. would suffer a new inflationary surge if the Government tried to push unemployment down to 3%, as the bishops propose. "The bishops' letter is a resurrection of old policies that are no longer supported by those knowledgeable in economics," said Alan Greenspan, president of the Townsend-Greenspan economic consulting firm and chairman of the Council of Economic Advisers under President Ford. Charles Murray, a senior fellow at the Manhattan Institute, a conservative think tank, called the proposed pastoral "a restatement of the dogmas of the Great Society" and "a rehash of failed ideas." The bishops, wrote...
...much exploration as the two were doing separately. In addition, they note that if the stock value of oil companies continues to go up, the resulting higher value for reserves swill encourage more drilling. Even the effect on crude prices will be slight. Economist Alan Greenspan of the Townsend-Greenspan consulting firm observes, "These mergers are, in the world scheme, not terribly relevant. Even if they were, it is a competitive market, and no matter what these oil companies might like to do, they can't affect the price of crude...