Word: buckleys
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Dates: during 1980-1989
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...were those effete baby students at the Buckley-Galbraith debate (just saw it) on Reaganomics who cheered in support of Reagan's policies? According to the St. Louis Fed, the effects of fiscal policy sum to zip in five quarters. The expansion of the middle 60s was caused by monetary policy, not the tax cut of '64, as any good money and banking text should explain. Supply-siders are incompetent Republican Keynesians who can't even think clearly enough to do bookkeeping. The monetarist analysis is correct--ask any physicist or math major...
...Review editors, however, don't live by principle alone--they aren't quite that brave after all. A lot of The Review's gumption--and money--comes from the Institute for Educational Affairs (IEA). The IEA, led by conservatives like William F. Buckley, William E. Simon, and Rep. Jack Kemp (R-N.Y.), set up shop after the 1980 elections in order to foster the growth of papers like The Review on colleges campuses around the country. So far, IEA has been fairly successful--new conservative student papers have sprung up at Harvard and Williams, as well as at Dartmouth...
Former Harvard quarterback Brian Buckley '81 was drafted by the hometown New England Patriots last year, but was released before the season began...
Such a simplified income tax is not an entirely new concept. It has long been advocated by conservative thinkers such as Economist Milton Friedman, former Treasury Secretary William E. Simon and William F. Buckley Jr., editor of the National Review. What is new is that the flat tax is starting to gather strong bipartisan support. Its sponsors on Capitol Hill now include Congressman Leon Panetta, a liberal Democrat from California, as well as Republican Senator Jesse Helms of North Carolina. The liberal Washington Post touted it in an editorial last month...
John T. Bethell '54, corresponding secretary for the Alpha chapter, yesterday expressed concern that in order to obtain the academic records of students being considered for Phi Beta Kappa, those candidates must be informed so they can release their academic records--a provision made necessary by the Buckley Amendment...