Word: warburgs
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Smithies, an authority on the Federal budget and the fiscal policies of developing countries, served as chairman of the Economics department from 1950 to 1955 and from 1959 to 1961. "Smithies did a lot for Harvard," Otto Eckstein, Warburg Professor of Economics and one of Smithies' students, said yesterday. "He really started the modern era of the Economics department here...
Otto Eckstein. Warburg Professor of Economics, said. "This country needed some kind of tax cut, but we definitely didn't need one this...
...Reagan administration altered statistics compiled by a Lexington consulting firms headed by Otto Eckstein, Warburg Professor of Economics, and then used the revised figures to justify $111 billion in educations in Social Security benefits over the next five years, spokesmen for the government and the private firm said yesterday...
Except in government, where pay is usually limited to compensation for expenses, money plays a role in the amount of consulting a professor does. John Kenneth Galbraith, Warburg Professor of Economics looks cynically at those who explain their outside activities in non-monetary terms, identifying "an element of special pleading" in such an argument to "justify the type of activity they do." Professors don't like to discuss financial specifics, except to acknowledge that the pay is good enough to attract people. In economics, for example, consulting can bring in as much as $200 an hour, and one member...
...what good is a well-informed professor if he is never around for students to speak with? Otto Eckstein, Warburg Professor of Economics, who set up Data Resources Inc. and adopted half-time status in 1973 to work at the firm, acknowldges the tradeoff involved when a professor consults. "There is a loss; professors are not as findable," he says...