Business: Time’s Economists

FOUR times a year. TIME’S Board of Economists meets with the editorial staff in Manhattan for a day-long assessment of the forces that will shape the U.S. economy in the months and years ahead. The members of the board speak as individuals rather than as representatives of the institutions with which they are associated. From left to right, beginning with the rear row, they are:

OTTO ECKSTEIN, Harvard professor of economics and former member (1964-66) of the President’s Council of Economic Advisers.

ROBERT NATHAN, president of Robert R. Nathan Associates. Washington, D.C., an economic consulting firm.

DAVID GROVE, vice president and chief economist for IBM.

BERYL SPRINKEL, senior vice president and economist at Harris Trust & Savings Bank, Chicago.

ROBERT TRIFFIN, international monetary expert, economics professor and master of Berkeley College at Yale.

ARTHUR OKUN, a senior fellow of Brookings Institution and former chairman (1968) of the Council of Economic Advisers.

JOSEPH PECHMAN, tax authority and director of economic studies at Brooking Institution.

WALTER HELLER (not pictured), professor of economics at the University of Minnesota and former chairman (1961-64) of the Council of Economic Advisers.

Aguest participant is Alan Greenspann (lower right), president of Townsend-Greenspan & Co., Manhattan economic consultants.