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Another proposal, originated by Farmington Hills Insurance Executive Richard Headlee, a former director of the U.S. Chamber of Commerce, is backed by an array of conservative businessmen, Senator Robert Griffin and Economist Milton Friedman and has already received 415,000 signatures. Headlee's proposal would hold the combination of state and local taxes to the current figure: 9.7% of total personal Michigan income...

Author: /time Magazine | Title: Nation: Hitting the Road | 7/17/1978 | See Source »

...supply of money and the level of interest rates?and no questions touch off more disagreement in American policymaking. If the Federal Reserve is not condemned by the AFL-CIO's George Meany for causing unemployment by being too stingy, it is certain to be damned by Economist Milton Friedman for spurring inflation by being too generous. All too often it will simultaneously incur the wrath of liberals and conservatives...

Author: /time Magazine | Title: Inflation: Attacking Public Enemy No.1 | 7/17/1978 | See Source »

Like Simon, Kristol believes that conservatives have suffered from a lack of ideas. He takes issue with such champions of the free market as Hayek and Milton Friedman, who believe that capitalism is its own reward, that its blessings are automatic and should be appreciated for what they are. Echoing untold prophets and philosophers, Kristol warns that materialism is not enough. People have to believe that an institution offers a model for behavior...

Author: /time Magazine | Title: Books: Viva Horatio | 6/26/1978 | See Source »

...whose face looks a bit like a California mudslide, has been demolishing debating opponents with his oddly compelling blend of verbosity, profanity and humbug. He has enlisted U.C.L.A. Economist Neil Jacoby to polish his simplistic arguments about the stultifying impact of the rising property tax. Nobel-prizewinning Economist Milton Friedman, now teaching at Stanford, made TV commercials free of charge to back 13. Claims Friedman: "If we continue the growth of government and its involvement in our lives, it will destroy us." Former Governor Ronald Reagan has rallied behind Jarvis. All but invisible in the campaign is Paul Gann...

Author: /time Magazine | Title: Nation: Revolt Over Taxes | 6/5/1978 | See Source »

...Friedman...

Author: /time Magazine | Title: Letters, Apr. 10, 1978 | 4/10/1978 | See Source »

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