Word: last
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Dates: during 1960-1969
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Friedman's controversial opinions range far beyond his evaluation of the Federal Reserve. He propagates them tirelessly in books, in classrooms, in testimony before congressional committees, in private chats with policymakers, and in a triweekly column for Newsweek. Last week he left his Vermont mountaintop retreat, where he customarily spends about half his time studying and writing, for a rapid round of evangelistic appearances. He flew to Washington to meet with a Nixon commission that is studying plans for a U.S. shift to an all-volunteer Army. Later he made a speech in Manhattan, then went to Boston. Dressed...
...rising fears of recession show that the Administration is at last making headway in its difficult fight against inflationary psychology. All year, Nixon's economic lieutenants have been trying to create a degree of uncertainty in the minds of businessmen, labor and consumers about the prospect for continued prosperity. Many experts find the present outlook no cause for alarm. Arthur Okun, the former head of the Council of Economic Advisers, calls the chance of either a recession or a continued boom "a long shot." By his handicapping, the Government stands a 50% chance of bringing the inflation rate down...
MEDICAL CARE AND PHARMACEUTICALS. In the year's first ten months, the price of medical care-doctors' bills, hospital services and drugs-rose by 5%. In Boston, a hospital bed could cost $85 a day, $10 more than last year, and the price of dental care advanced from $6 or $7 per filling a year ago to $9 to $10 today. Even aspirins were up, from 89? to 98? per 100 tablets. A mouthwash named Binaca cost 29? when it was introduced by a Swiss company five years ago; it has since been taken over...
...Movies were more expensive, up 25? per ticket in Manhattan's Radio City Music Hall. The cost of watching a Pittsburgh Steelers home game rose from $6 to $7-plus a 15? surcharge to help pay for a now abuilding stadium, whose estimated price increased from $32 million last spring to $35 million at present. In the taverns of the steel city, the 15? beer could be found no more; it now costs...
Author Renault, whose specialty is Hellenic myth and culture, has written better disciplined, more absorbing books (The Last of the Wine, The King Must Die). Here she appears to be limited by her slightly blinkered view of Alexander. Granting him his historic virtues-precocity, courage, leadership and tactical genius-she dissembles on the crucial matter of his sexuality. After Achilles and Patroclus, Alexander and Hephaistion (one of his generals) were the best-known best friends of the ancient world. In the novel, however, though the author surrounds her hero with Hephaistion, an overt invert, and a band of other young...