ECONOMIC

Council at a wide range of meetings, where they assume major responsibilityfor the Council's involvement. Whenever the Chairman is absent fromWashington, one of the Council Members automatically becomes ActingChairman.In practice the Chairman and the Council Members work as a team. Foroperational reasons, however, subject matter is divided among them informally.Mr. Seevers is responsible for the areas encompassing the EconomicStabilization Program, international trade, energy and natural resources,food and agriculture, urban and national growth policy, transportation, regulatedindustries, environmental problems, and antitrust.Mr. Fellner's special responsibilities comprise business conditions, shorttermforecasting, monetary and fiscal policy, international finance, manpowertraining and employment, financial markets, housing, the economicrole of women, taxation, social security, and health, education, and welfare.PROFESSIONAL STAFFAt the end of 1973 the professional staff consisted of 14 senior staff economists,two statisticians, and 10 members of the junior research staff.Members of the professional staff were responsible for economic analysisand policy recommendations in major subject areas involving the Council'sinterests and responsibilities. In addition, staff economists carried out manydifferent Council and interagency assignments requiring the application oftheir knowledge and analytical skills. The professional staff and their specialfields at the end of the year were:Senior Staff EconomistsGeorge A. AkerlofBarry R. ChiswickJohn D. DarrochJohn M. Davis, JrGeza M. FeketekutyMurray F. FossGeorge M. von Furstenberg....Mary W. HookBenton F. MassellLeo V. MayerJune A. O'NeillJoel PopkinAllan G. PulsipherSung W. SonLabor and ManpowerLabor, Human Resources, and Income DistributionPrices and Industry StudiesSpecial Assistant to the ChairmanInternational Finance and TradeBusiness Conditions, Analysis, and ForecastingFiscal Policy, Public Finance, and HousingBusiness Conditions, Analysis, and ForecastingEnergyAgriculture and FoodLabor, Human Resources, and Income DistributionPrice AnalysisRegulated Industries, Science, Technology, Environment,and TransportationMonetary Policy, Financial Institutions, Housing,and Interest RatesStatisticiansFrances M. JamesCatherine H. FurlongSenior Staff StatisticianStatistician240