POLICY: Arthur Burns: Born Again at 73

It was another one of those improbable scenes that are becoming a kind of trademark of the Carter Administration. Jimmy Carter was at Notre Dame's commencement last week to receive an honorary degree, and so was Federal Reserve Board Chairman Arthur Burns. When Burns' name was called, Carter did more than just join in the general applause, as he had for the others. He got up and walked to the podium with the patrician boss of the Fed. There, grinning broadly, the populist Chief Executive pointedly shook hands with the rock-ribbed Republican...

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