Word: friedmanly
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...fifth singles, freshman Jennifer Minkus destroyed Becky Friedman, 6-3, 6-3, and senior Nicole Rival stormed to a 6-4, 6-0 triumph over Chris Gardner...
TRUE paleo-conservatism has, as Dostoevsky explained, compassion and a sense of responsibility for "the insulted and the injured." It is not the callous libertarianism of Milton Friedman, Robert Nozick or Margaret Thatcher, which lends itself well to upper-class twittery and renunciations of social responsibility...
Reagan's proudest economic achievement, taming the inflation rate from 12.5% in 1980 to 4.4% last year, has also dealt a blow to some major schools of thought. Monetarists like Nobel laureate Milton Friedman, who believe that slow and steady growth of the money supply is the key to prosperity, expected inflation to shoot up when the Federal Reserve suddenly pumped cash into the economy to halt the recession of 1981-82. But inflation failed to ignite because the slump was so deep that it left the economy with plenty of room to grow without pushing up prices...
...deficit is no longer a menace because it has shrunk from more than 6% of the gross national product in 1983 to about 3% right now. That is lower than the level of deficit spending during 1975-76, for example, when the gap was widened by a recession. Friedman says he accepts the deficit because it has restrained federal spending. "Sometimes you have to choose the lesser of two evils," he says. While Friedman admits that "mine is not the majority view," he adds, "Everybody looks at the world through his own glasses, and those glasses mean more than...
...news coming over the brokerage firm's wire. Jubilation also reigned among most New York Republicans, and quite probably in Mafia hangouts as well. Rudolph Giuliani, famed prosecutor of Wall Street manipulators (Drexel, Ivan Boesky), mobsters (the Colombo family) and corrupt politicians (former Bronx Democratic leader Stanley Friedman), announced that after 5 1/2 years as U.S. Attorney for the Southern District of New York, he would resign at month's end. Gotham Republicans, a tiny band of inveterate losers, delightedly anticipated being able this fall to field a candidate for mayor who might actually have a chance. Giuliani coyly remarked...