Word: friedman
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...Milton Friedman. His economic theories have proved to be painfully true, in England and also in New York City...
Protests against Milton Friedman, University of Chicago economist and this year's recipient of the Economics award, interrupted the ceremony. Demonstrators accused Friedman of supporting the right-wing military government in Chile, an accusation he disputes...
...Banker Beryl Sprinkel, a member of TIME'S Board of Economists, believes that guidelines distort the normal give-and-take functioning of the economy and may actually contribute to inflation by encouraging unions and companies to push wages and prices up to the guideline limits. Nobel Laureate Milton Friedman has been more caustic: "Guideposts and pleas for voluntary compliance are halfway houses whose only merit is that they can more readily be abandoned than legally imposed controls...
Citibank Senior Vice President Irving S. Friedman concedes that Western banks are paying more attention to the potential risks in lending to countries like Zaïre, yet he adds, "All developing countries need access to capital." Perhaps so-but from now on they may find the loans much harder...
...William Friedman '79, chairman of the '75-'76 council, agreed the council does not run smoothly. He said a lot of people on the council had been on high school councils and developed cynicism when they realized they weren't doing anything differently. Friedman said the people who stayed with it last year did so mainly because they liked each other and enjoyed working together...