Word: friedman
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...system fall into this trap? Primarily, says Nobel-prizewinning economist Milton Friedman, because it was "designed for a world that no longer exists." In 1935--or even in January 1940, when the first checks were mailed--the U.S. was a much smaller, poorer country, still ravaged by the Great Depression that struck with special savagery at the old. Those people lucky enough to have jobs were overwhelmingly male. Even more important, the world had yet to hear of organ transplants and the manifold other wonders of modern medicine. Once they were available, along with the better nutrition and sanitation that...
Freshman Dustin DeNunzio's 27-7 record earned him a sixth seed in the 126-pound weight class. Another freshman, Joel Friedman--who finished the season with a 20-15 record--was seeded eighth in the 134-pound division...
...Friedman also began his weekend in style, pinning Princeton's Jason Wortendyke at 1:16. His second-round match pit Friedman against the division's top seed, Mike Yancosky of Syracuse. Yancosky, the eventual 134-pound champion defeated the freshman...
...Friedman also had some difficulties in the consolation round. After winning his first consolation match, Friedman lost to Syracuse's Jeff Duque--the second seed--and then lost to unseeded Scott Auker of Franklin and Marshall, 1-0, leaving him in sixth place...
School administrators and parents around the country were expressing similar concerns last week. When economist Milton Friedman proclaimed in 1974 that "there's no such thing as a free lunch," he captured the truth that nothing comes without some cost. But the costs of the National School Lunch Act, passed in 1946, also yields real benefits. It enables around 14 million children to eat nutritious lunches for free or at reduced prices at a total cost to taxpayers of $4.454 billion. But not since the notorious condiment incident of 1981, when the Reagan Administration attempted to reclassify catsup and pickles...