Word: feldstein
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
MARTIN S. FELDSTEIN '61, of all people, understands the importance of criticism. The former economic adviser to the President was lambasted by Administration officials last winter when he called Reagan's tax policies into question, but he stood his ground. You can't balance the budget without raising taxes, he insisted. It apparently wasn't Reagan's view...
...among economists, conservative thinkers now seem to be ahead. Says Harvard's Feldstein: "All mainstream practitioners are more monetarist, more supply-side oriented, and less Keynesian today than they used...
...Secretary Donald Regan, the two leaders agreed that "some type of sharing, some type of contingency planning" should ensue. After the meet Regan declared that U.S. interest rates were "trending down," despite the fact that the previous day, the outgoing of the President's Council Economic Advisers, Martin Feldstein, had shocked White House staffers by predicting the opposite...
...surprising, Feldstein's departure was largely welcomed within the Administration, where he has lately been excluded from key policy discussions. Observed a senior Government official: "Marty outserved his usefulness some time ago." It is considered likely that his post will be left vacant until safely after the November election...
...While Feldstein is leaving Government, Federal Reserve Chairman Volcker, the other leading opponent of the deficits, remains. He was reappointed in August 1983 to a new four-year term, and is expected to stay in his job at least until 1985. Volcker is accustomed to seeing the Federal Reserve become a political target in an election year. During the 1980 presidential campaign, Jimmy Carter attacked Fed policies as "ill advised" and grumbled about the "strictly monetary approach to making decisions...