Word: friends
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Dates: during 1980-1989
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...rigorous nor original thinker, she was fresh and influential when Greenspan met her in 1952. The economist became taken with her theory of objectivism, which argues that society is best served by "rational selfishness," in which people act only to further their own private interests. Greenspan, who was a friend of Rand's until her death in 1982, credits the writer with teaching him that "capitalism is not only practical and efficient but also moral." During the 1960s, as a contributor to the Objectivist, Rand's monthly journal, Greenspan expounded some extreme economic views. "The welfare state," Greenspan wrote...
...immediate future, Greenspan is likely to follow Volcker's anti- inflation policies. Says Harry Kalberman, a broker at Merrill Lynch and a close Greenspan friend: "People who think he will allow inflation to come back are fooling themselves." Agrees Jerry Jasinowski, chief economist of the National Association of Manufacturers: "Philosophically, he may feel more strongly about reducing inflation than Volcker...
...possibility of assuring a little more comfort than I have done so far." One sign that Volcker was ready to make major changes in his life-style came March 18: he gave up his trademark 28 cents Antonio y Cleopatra cigars because both his wife and a close friend had stopped smoking...
...Novelists Jay McInerney, 31, and Bret Easton Ellis, 23, have intriguing parallels. McInerney's 1984 best-selling fictional debut, Bright Lights, Big City, chronicled the downward spiral of an unnamed young writer who delves into New York City's nightclub netherworld with the help of his fast-talking best friend, Tad Allagash. Next year Ellis' Less than Zero caused a publishing sensation with its stark portrayal of sybaritic youth in suburban Los Angeles. Both writers' books are currently being made into major motion pictures. And both writers are slated to come out with new novels within the year...
Outwardly, Road is an issue melodrama about an old woman no longer able to take care of herself. To the outrage of a visiting younger friend, her pastor wants to move her into an old-age home -- and, not incidentally, thereby make her give up the backyard Mecca of Magi, camels, owls and other mystical sculptures she has built from cement, rusting wire, ground-up glass bottles and found objects. Her house is a shrine to her, an eyesore to neighbors, a mark of witchcraft to children and an affront both personal and theological to the pastor and his church...