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...Administration got an additional lift on the economic front last week when the Senate approved President Ford's nomination of Burton Gordon Malkiel, a Princeton University economics professor, to the Council of Economic Advisers. The Senate's action follows its approval last month of Paul W. MacAvoy, an economics professor at the Massachusetts Institute of Technology. The appointments bring the three-man council to full strength for the first time since early spring. C.E.A. Members Gary Seevers and William Fellner resigned then; though they had other reasons as well, they were both resentful about not being consulted more...

Author: /time Magazine | Title: Business: A Much Needed Boost for the Council | 7/28/1975 | See Source »

Greenspan is not likely to make the same mistake twice, especially because Malkiel, 42, and MacAvoy, 41, are at least as independent and outspoken as their predecessors. Of MacAvoy, a friend says, "Paul has a Chicago temper. He will stand up and take you apart." Philosophically, both men share Greenspan's free-market approach to economics, though neither is considered an ideologue...

Author: /time Magazine | Title: Business: A Much Needed Boost for the Council | 7/28/1975 | See Source »

Most important, they bring to the CEA expertise in areas of critical importance to the Administration. Malkiel will generally involve himself in such broad economic subjects as monetary policy and tax matters. A specialist in money markets, he favors a mix of Government programs that would spur business spending to boost production. MacAvoy concentrates more on particular markets, like transportation, than on the overall economy. Among other things, he has advocated deregulation of the price of natural gas, a field in which he is an acknowledged expert. If nothing else, the quality of the latest appointments should go far toward...

Author: /time Magazine | Title: Business: A Much Needed Boost for the Council | 7/28/1975 | See Source »

Some critics have considered the symbolic protest embodied in Campaign GM and other proxy fights to be a futile and clumsy type or melodrama. The guidelines can become a hopeless morass, as they did last year at Princeton. The Malkiel Report tried to evaluate the school's investments in companies operating in South Africa. This Princeton effort illustrates the complexity of drawing up moral criteria to judge the different ranges of financial involvement in South Africa. Directly or indirectly, the committee found, almost every company in the portfolio was contaminated-companies which had affiliates or subsidiaries operating in South Africa...

Author: By Thomas Geoghegan, | Title: The Politics of Money | 12/3/1970 | See Source »

Died. Henrietta Malkiel Poynter, 66, co-founder and editor of the Congressional Quarterly; of a stroke; in St. Petersburg, Fla. Convinced that the daily press missed much of what went on in Congress, Henrietta and her publisher husband Nelson (St. Petersburg Times) in 1945 started printing their Quarterly-now a weekly-which keeps tab on everything from the attendance of Senators to the doings of lobbyists. Circulation barely brushes 4,000, but includes a wide variety of organizations which pay subscription rates running higher than...

Author: /time Magazine | Title: Milestones: Feb. 2, 1968 | 2/2/1968 | See Source »

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