Word: steins
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Dates: during 1970-1979
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...there would be no point to the freeze in the first place. All the gains would evaporate at once; prices would rise sharply to make up for the hold-down, and wages would jump to keep pace. The federal official charged with special responsibility for Phase 2 is Herbert Stein of the Council of Economic Advisers, an outspoken economist who was a vigorous opponent of wage-price regulation only a few months...
...HERBERT STEIN, 55, an owlish and acerb economic theoretician, is a member of the President's Council of Economic Advisers. He is now responsible for planning Phase 2 of the Nixon strategy: what comes after the 90-day freeze. Known for an intellectual agility that some dismiss as sophistry, he will need to be nimble in the task; for several years he has been a determined spokesman against the sort of policy Nixon finally adopted...
Before joining the Council of Economic Advisers, Stein was chief economist for the Committee for Economic Development, an organization of business leaders. He is the author of The Fiscal Revolution in America, an elegantly written study that reflects among other things a distaste for economists who confuse rhetoric with action. In his present job he will need both...
Piston's Symphony No. 2 (DGG, $6.98). Like Randall Thompson's mellifluous Symphony No. 2 (Leonard Bern stein; Columbia), this eloquently traditional 28-year-old work has survived the original scorn of avant-gardists who should have been hung by their own dog mas. Proud of theme, opulent of chord, it is performed with missionary brio by Michael Tilson Thomas and the Bos ton Symphony...
...Last and the First is even sparer than most Compton-Burnett. At times the dialogue sounds eerily like Gertrude Stein's: "It is what it is and would be." All signs of movement are auditory. One knows a character has entered a room when he joins the conversation -an easy transition, since he has usually been eavesdropping outside. There is absolutely no small talk or incidental detail in Dame Ivy's novels. There are, however, plenty of conversational bromides: the author delighted in characterizing her villains by making them overly fond of banal phrases. "The yoke...