Word: maisel
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Dates: during 1960-1969
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...Maisel and George W. Mitchell, both economists, side with Friedman in contending that the Federal Reserve has kept money scarce for so long
...Friedman sees it, the timing and severity of a recession will depend mainly upon how quickly Maisel and Mitchell can persuade their fellow board members to ease up on money. President Nixon can cajole the members, but legally he cannot control the actions of the board, which is independent of the executive branch. As a practical matter, though, the board would find it difficult to resist presidential arm-twisting...
...Power to the people! Frank Alden Bovey III '67 Robert Sampson Buritz Jr. '67 Peter R. Christy '67 Rev. Douglas A. Maisel...
...From left, front row: James L. Robertson, J. Dewey Daane, George W. Mitchell. Back row: Sherman J. Maisel, Andrew F. Brimmer, William W. Sherrill...
Andrew Brimmer, 40, former Assistant Secretary of Commerce and the first Negro to sit as a governor of the Fed, packs his frequent speeches with unprecedented detail about the board's thinking. Sherman Maisel, 48, an easy-money housing expert who taught at the University of California, has startled most colleagues by faulting the Treasury (for selling gold for $35 per ounce), the Budget Bureau (for incomprehensible bookkeeping) and the Council of Economic Advisers (for bad liaison with...