Career: 1934-'9 Tutor, Harvard; '37 research fellow, Cambridge; '39 asst prof in economics, Princeton; '41-43 '41-43 officece administratiof; '45 director,office of economic security pricey, stadministration63 US ambassador to India.
Oil revenues for Iraq, if the country somehow manages to resume pumping two million to three million barrels a day, could bring in $15 billion to $22 billion per year at currently projected oil prices, administration officials say.
He has no hesitation in saying his life's most significant contribution was not his books but his work as deputy head of the office of price administration, one of the most interventionist departments in the history of American government.
He said central bankers around the world had surrendered to the idea of "price administration" — efforts to manipulate interest rates — as opposed to "price discovery" — letting the market set the price of money, which is what interest rates are, of course.
These include enhancement of agricultural productivity, betterment of land management, improvement of distribution and marketing chains, effective price administration, stockpiling and subsidies.
The sensitivity analysis results showed that a variation of +/− 20%% in the vaccine cost (vaccine price plus administration cost) resulted in positive fiscal BCR (>1).
When conservation auctions are issued repeatedly, their contribution to economic efficiency diminishes, as the winning price level reaches that of the price the administration was willing to pay under a fixed-rate scheme (Lowell and others 2007; Schilizzi and Latacz-Lohmann 2007).
The price of administration, in fact, usually far outstrips the value of the prize itself.
Doctors typically pay 66percentto87percentcent of the average wholesale price, the administration said.
He added: "This is the price the administration must pay apparently for inserting a game-changing proposal at the end of the legislative process.
