Word: samuelson
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Dates: during 1960-1969
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...called upon to forecast, plan and decide. In Washington the ideas of Keynes have been carried into the White House by such activist economists as Gardner Ackley, Arthur Okun, Otto Eckstein (all members of the President's Council of Economic Advisers), Walter Heller (its former chairman), M.I.T.'s Paul Samuelson, Yale's James Tobin and Seymour Harris of the University of California at San Diego...
Perhaps Immoral. Like any genius, Keynes had plenty of faults and shortcomings. Even his admirers admit that he could be maddeningly abstruse and confusing. MJ.T.'s Paul Samuelson, for example, thinks that Keynes downplayed the importance of monetary policy. His few outright critics feel that, while he knew how to buoy a depression-stricken industrial economy, he offered little in the way of practical information about how to keep a prosperous modern economy fat and secure. Keynesian theories are certainly unworkable in the underdeveloped nations, where the problem is not too little demand but insufficient supply, and where the object...
Erwin Griswold and M.I.T.'s Economics Professor Paul Samuelson and onetime Baseball Star Jackie Robinson-and some 120 others...
...Samuelson described his role here as "more of a visiting scholar than a visiting professor" since he will not have to teach any courses...
Richard T. Gill '48, head of Economics 1, said last night, "I should certainly think Samuelson would make an excellent Economics 1 lecturer. I would be delighted to have him lecture, but it depends upon people's schedules." Nothing is definite, however, since "we haven't set up next fall's lecture schedule yet," Gill said...