Word: friedmanism
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Dates: during 1970-1979
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...article on the recent Harvard Dramatic Club elections (Crimson, February 25, 1974): Karen Gordon is not "only the second woman to occupy the presidency" of the HDC. She is the fourth. Honor Moore (1966-1967), Francine Stone (1967-1968) and Eleanor V. Lindsay (1970-1971) are her predecessors. Arthur Friedman...
...cutting are widespread. Science Teacher Nathan Weinstein gave failing grades to 19 of his 28 biology students at Woodrow Wilson High School last semester, mainly because they never showed up for class. Many of the students who do appear are stymied by their inability to read. Math Instructor David Friedman says the reading ability of Woodrow Wilson students is so low that teachers cannot use standard math texts, but instead must devise their own simplified versions...
Since the enactment of Social Security legislation in 1935, conservatives have favored scrapping the system altogether. Economist Milton Friedman, for example, has long espoused a negative income tax as a substitute for Social Security with payments going only to those who could prove they were in need. Ideologically, conservatives would prefer to have workers depend on freely chosen pension plans rather than a mandatory social insurance scheme. But that alternative generates little enthusiasm at a time when many private pension plans are shaky. In any event, though modifications in the system will probably have to be made, Social Security...
...Buried Alive, Friedman...
Echoing this view, Economist Milton Friedman, a leading conservative, said that there is a "good chance" of a recession next year. Consumer prices, Friedman contended, would probably continue to climb 6% or 7%, only slightly less than the thoroughly oppressive level of 8% estimated for this year. The Government announced last week that living costs rose at an annual rate of 3.6% in September, a steep drop from the explosive 22.8% increase in August. Even so, Assistant Secretary of Commerce Sidney Jones declared that inflation is "still awful...