Word: friedmanism
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...them active homosexuals, who were suffering from an unusual and deadly form of pneumonia, pneumocystis carinii. More alarming still, their immune systems seemed to have broken down. Gottlieb and an EIS agent based in Los Angeles reported the grim news in CDC's weekly publication. Almost simultaneously, Dr. Alvin Friedman-Kien of New York University noted that several of his homosexual patients had the same weakened immune systems and were suffering from Kaposi's sarcoma, a rare cancer of the skin usually seen only in older men. Later that summer Dr. Harold Jaffe of CDC, while attending a conference...
...record high of 1242.19. Said New York Investment Banker Felix Rohatyn: "Volcker's monetary policy has been criticized by almost everybody and is therefore probably right." Reaction on Capitol Hill and in international banking circles was also very favorable. Only a few demurred. Complained Conservative Monetarist Milton Friedman: "President Reagan has decided to take the course of least political resistance...
...inflation, strengthened the dollar and set the stage for the euphoric bull market in stocks that began last August. Nearly 80% of 702 executives polled by the investment firm A.G. Becker Paribas gave their vote of confidence to Volcker, with Alan Greenspan a distant second at 5.8%. Monetarist Milton Friedman got only 5.5%, Treasury Under Secretary Sprinkel 2.5%, and Fed Vice Chairman Martin less than 1%. More than half the executives fear a return to double-digit inflation if Volcker is replaced. So bullish is Wall Street on Volcker that Charles M. Lewis, vice president of Shearson/American Express, predicts that...
Like any other person in public life, Volcker has his detractors. He has been faulted for going along with Carter's disastrous fling with credit controls in early 1980 and for sometimes permitting the money supply to swing wildly. Asserts Nobel Laureate Milton Friedman, who maintains that steady and predictable money growth is the key to economic health: "There has been more volatility in the money supply in the past three years than in any previous three-year period...
Under sharp questioning from Gallo way's attorney, Bruce Friedman, Rather was confronted with some factual errors and acknowledged a minimal effort to reach the doctor for comment. But much of the drama, and the potential consequence for TV journalism, resulted from an unprecedented judicial order compelling CBS to hand over all of its outtakes (sound and picture footage that has been edited out). As the outtakes were shown to the jury and to TV audiences watching the trial live on Cable News Network, viewers got a unique chance to see how a story is put together...