Word: franked
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Dates: during 1970-1979
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Said Columbia Law Professor Frank Grad: "It's very dangerous to restrain First Amendment liberties. The chance of occasional excesses is not too heavy a price to pay for assurance of liberty." Said New York Daily News Editor Michael O'Neill: "We must weigh one value, of a fully informed public, against another, the risk of some madman imitating what he has seen or read. The first enormously outweighs the second...
Inflation overtakes everything, even movie plots. Back in 1936, when Frank Capra made Mr. Deeds Goes to Town, an inheritance of $20 million was sufficient to surpass the ordinary man's dreams of wealth. Today, it seems, nothing less than $1 billion will do. In Mr. Billion that is the value of the conglomerate a San Francisco financier bequeaths to an obscure nephew in Italy (Terence Hill). The hitch is that the nephew, a garage mechanic who idolizes John Wayne and Steve McQueen, must reach San Francisco within 20 days to sign for his legacy...
...Hill installs as his new board of directors all the little people who helped him beat his deadline - a widow, a kindly barfly, a dispossessed rancher, a cable-car conductor, and so on. The Frank Capra of Mr. Deeds would have used this simplistic notion to say something stirring, if sentimental, about social inequities and financial gouging. Here the situation is squandered for a few strained jokes. The viewer is left with the uncharitable suspicion that the conglomerate - and the film - would have been better off in the hands of experts with less good intentions...
Thomas C. Schelling, professor of Economics, is the 1977 winner of the Frank E. Seidman Distinguished Award for Political Economy...
...Frank E. Seidman Foundation, which presents the award in association with Southwestern University in Memphis, Tenn., offers a cash prize of $10,000 to each year's winner...