...could lead to a retreat from those goals as now embodied in the Employment Act of 1946. STATEMENT BY PAUL W. McCRACKEN EDMUND EZRA DAY UNIVERSITY PROFESSOR...OF BUSINESS ADMINISTRATION, UNIVERSITY OF MICHIGAN, ANN ARBOR, MICH. Some concerns in the area of public policy warrant appearance on a list of comments...

...proceed with the statements and then come to the questions. Please proceed, Mr. McCracken. STATEMENT OF PAUL W. McCRACKEN, EDMUND EZRA DAY UNIVERSITY PROFESSOR...OF BUSINESS ADMINISTRATION, UNIVERSITY OF MICHIGAN Mr. MCCRACKEN. Thank you very much, Mr. Chairman. I welcome this opportunity to appear before the Joint...

...Hoadley, Executive Vice President, Chief Economist, Bank of America (NT & SA), San Francisco, Calif. Dr. F. Thomas Juster, Program Director, Institute for Social Research, University of Michigan, Ann Arbor, Mich. Dr. Carl H. Madden, Chief Economist, Chamber of Commerce of the United States, Washington,...

...Hoadley, Executive Vice President, Chief Economist, Bank of America (NT & SA), San Francisco, Calif. Dr. F. Thomas Juster, Program Director, Institute for Social Research, University of Michigan, Ann Arbor, Mich. Dr. Carl H. Madden, Chief Economist, Chamber of Commerce of the United States, W:ashington,...

...Ford II ; Leon Jaworski ; Frank Mankiewicz, author, former Press Secretary to Robert F. Kennedy; Prof. Paul W. McCracken, Edmund Ezra Day University Professor...of Business Administration,. University of Michigan ; Rt. Rev. Paul Moore, Jr. ; Hon. Bess Myerson, former Commissioner of Consumer Affairs; Robert V....

...appropriate time. Thank you very much. [Mr. McCracken's prepared statement follows :] PREPARED STATEMENT OF PAUL W. MCCRACKEN, EDMUND EZRA DAY UNIVERSITY PROFESSOR...OF BUSINESS ADMINISTRATION, UNIVERSITY OF MICHIGAN Mr. Chairman. I appreciate this opportunity to appear again before the House Committee on Banking,...

...colloquy that will be helpful to all who want to clarify their thinking about this important matter. PATTL W. MCCRACKEN, Edmund Ezra Day University Professor...of Business Administration, University of Michigan. ( By Arthur B. Laffer, Professor of Economics, University of Southern California) In the absence of...

...Ezra Day University professor of business administration, the University of Michigan. STATEMENT OF DR. PAUL W. McCRACKEN, EDMUND EZRA DAY UNIVERSITY PROFESSOR...OF BUSINESS ADMINISTRATION, UNIVERSITY OF MICHIGAN, ANN ARBOR, MICH. Dr. MCCRACKEN. Thank you very much, Mr. Chairman. I want to express my appreciation...

...Vice-President, Chief Economist, Bank of America (NT&SA), PO Box 3700, San Francisco, California. Dr. F. Thomas Juster, Program Director, Institute for Social Research, University of Michigan, Ann Arbor, Michigan. Professor Lawrence R. Klein, Benjamin Franklin Professor of Economics, University...

...University of Minnesota Mr. Walter E. Hoadley Executive Vice President, Chief Economist Bank of America Dr. F. Thomas Juster Program Director Institute for Social Research University of Michigan Professor Lawrence R. Klein Benjamin Franklin Professor of Economics University of Pennsylvania Mr....