Word: faithfulness
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Dates: during 1970-1979
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Joel B. Slemrode, a research analyst working on his dissertation, says Feldstein was his adviser before, he adds jolingly, the "Marty Feldstein incarnation of the NBER was created." He says Feldstein "probably could be characterized as one who has faith in the ability of the market unfettered to operate efficiently...
...inscription reads: A churchman of great faith and courage willing to risk his life in behalf of freedom and dignity for all peoples in southern Africa...
Bowersock's plan reflects the same faith in the supremacy of Faculty members as tutorial leaders that characterized past tutorial legislation. The earliest report on tutorials, in 1924, declared that professors were best suited in the teaching staff to lead individualized discussions. The report assumed that "every professor will wish to have such personal contact with his students as the tutorial method implies." But the legislation made no provisions for those professors who harbored no such wishes. Since 1924 the ranks of this disaffected group have enlarged dramatically...
...energy shortage has two elements. First, a somewhat truculent sense of equity leads people to insist, "I will sacrifice, if necessary, but I'll be damned if I'll be the first." That leads to a paralysis of selfishness in which each citizen assumes the bad faith of all the rest...
...people alter their behavior by small degrees, but do not change anything drastically. Second, they persist in one of the oldest articles of the American faith - a belief in the technological fix, in new developments that will bail them out of their dilemmas. Gasohol, for example, has just the look of that American deliverance. Thus, in a sense, American tradition itself militates against concerted action against the energy shortage...