THE stories in this section were prepared with the help of TIME's Board of Economists, which met last week with the editorial staff for a daylong session to examine domestic and international trends. The economists spoke as individuals, not as representatives of their organizations. Members of the Board are:
OTTO ECKSTEIN, Harvard professor and former member of the Council of Economic Advisers.
ALAN GREENSPAN, a consultant to President Nixon and president of Manhattan's Townsend-Greenspan & Co., economic advisers.
DAVID GROVE, vice president and chief economist of IBM.
WALTER HELLER, University of Minnesota professor and former chairman of the CEA.
ROBERT NATHAN, head of Robert...
