Word: friedman
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...Bill Friedman, now in our New York bureau, had an economics fellowship at the University of Paris when he took a part-time secretarial job with the Los Angeles Times's Paris office. This led to stringer work for the Times and then for TIME. After Army service he joined our Montreal bureau. Frank Merrick, now in Chicago, succumbed early-after his first summer job as a siren-chasing cub reporter for the Holyoke (Mass.) Transcript-Telegram. In 1968, while reporting for seven New England papers, Merrick became a TIME stringer in New Hampshire. "I got to cover...
...FORT DIX, N.J., where the Army stockade was a mess last year, Lieut. Colonel Arthur Friedman has launched dramatic reforms in line with his motto, "Firm but fair." To Friedman, a huge 240-pounder, his slogan means clean kitchens, well-trained guards and innovative programs for 446 inmates. Since he took charge 15 months ago, Friedman has started college-preparatory classes, given the inmates a real drug-therapy program complete with talks by ex-addicts, and allowed selected prisoners off-base privileges...
...flew back to Tel Aviv with Dov Friedman, manager of the local office of Israel's Egged bus cooperative. Friedman, who recently planted the settlement's first two trees, was returning for a brief visit with his family. "Strategically, this is Israel's neck," said he, offering a typical Israeli view on the importance of the place. "If we ever leave, the Arabs will choke us. If we decide that we have got to keep Sharm el Sheikh, it is only logical that we populate and develop it. That...
Daley's Darlin's. Nobody predicts that Friedman will defeat Daley for a fifth four-year term next week. But he has waged a more vigorous mayoralty campaign than Chicagoans have seen in many a year, and there are indications that even the 69-year-old Daley is beginning to take notice...
...other hand, the takeover of private corporations appeals to few Americans. "Government intervention is the problem, not the solution," says Economist Milton Friedman. "Has a nationalized Post Office worked well, or schools, or housing? The system we have is one of profits and losses, and the losses are just as important as profits." In other words, companies that cannot make it in the marketplace should drop out. A nationalized industry usually becomes a political plaything, not subject to the pressures for efficiency or the need for a profit. In addition, the ownership of defense companies is already so diffuse (stock...