PRESIDENT S ECONOMIC POLICY ADVISORY BOARD

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP88B00443R001003870083-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 20, 2016
• Document Release Date: March 7, 2007
• Sequence Number: 83
• Publication Date: March 17, 1981
• Content Type: MEMO

EXECUTIVE SECRETARIAT
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 Approved For Release 2007/03/07: 5J - .DP88B00443ROO1003870083-5
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17 March 1981
MEMORANDUM FOR:, Director of Economic Research
FROM: Director of Central Intelligence
SUBJECT: President's Economic Policy Advisory Board
1. I discussed with George Shultz, who chairs the President's Economic
Policy Advisory Board, how the Agency might work with them. They may provide
us with critical objectives and we might be able to support their work.
2. For the 25 March meeting, I would like to be able to give them a
general view of the capabilities of your division, and its work and progress.
3. Shultz, who is (as you probably know) the President of Bechtel,
is impressed with your work on oil. I suggested there might be some phases
of this in which Milton Friedman's fertile mind would be valuahlP to tic
.4. Another subject might be the relationship between the mobilization
of automobile manufacturing, the decline in our steel capacity, the Japanese
drive on the semi-conductor and computer industries, and our ability to
maintain the industrial base required to carry the Western world.
5. Will you think of these projects and give me any additional material
which I might use if I decide to do so at the meeting of the Board on 25 March.
,2 William J. Casey