Word: friedman
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...Benjamin Friedman '66, professor of Economics, said last month's economic decline "reflects the inadequacies of the president's programs...
Reagan now searches for evidence to bolster his position. Economist Milton Friedman came by the White House last week and told the President that interest rates were at an in-between stage. Bankers who were betting on a Reagan retreat, Friedman said, predict the rates will go still higher; those who believe he will not yield expect the rates to come down. Stand firm, the economist declared, and rates will fall. Reagan nearly hugged...
...question posed by "De Stijl, 1917-1931: Visions of Utopia," an exhibition that opened last month at the Walker Art Center in Minneapolis and will go to Washington's Hirshhorn Museum later in the spring. Organized with exemplary intelligence by the Walker's design curator, Mildred Friedman, it brings together nearly 300 paintings, studies, items of furniture, sculpture, stained-glass panels and architectural reconstructions. The catalogue, published as a book by Abbeville Press, contains essays by a dozen specialists and be comes, at once, the best English text on its subject...
...enough alone. Vocal references to rape are accompanied by screams and wails; at the opening notes of Beethoven's Fifth Symphony-a wartime symbol for victory-the screen fills with hundreds of Morse code Vs, dots and dashes rendered in red, white and blue. As Taylor recites Pavel Friedman's famous ghetto poem, The Butterfly, an animated sun fills a small room, and a Disneyesque creature flaps through, cheapening a transcendent human document...
...hour) were not matched by increases in wages and thus in the public's capacity to consume (factory pay rose less than 20%). The collapse of the overinflated stock market therefore started a downward spiral in both demand and the ability to pay. Conservative economists like Milton Friedman, on the other hand, blame the Federal Reserve System for failing to expand the money supply sufficiently in the wake of the stock market crash...