Word: maynard
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Dates: during 1970-1979
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Fervor of Religion. There is no doubt that Friedman's persuasive powers helped to swing the Nixon Administration away from the precepts of Britain's late John Maynard Keynes. An apostle of intervention, Keynes acknowledged a role for money policy but preached that governments should mainly manipulate fiscal policy-that is, taxes and spending-to help determine their economic destinies. Nixon's top economists rejected the Keynesian "new economics" of the Kennedy and Johnson administrations. They labeled themselves "Friedmanesque," and indicted the "new economics'' as the cause of inflation and social unrest...
...argued during the hour-long hearing that the search warrant which netted the evidence from Coolidge's car was issued by the chief prosecutor, the then state attorney general William Maynard, instead of "a neutral and detached magistrate." Cox said that the reasons given for the warrant were insufficient to determine probable cause and that the police lacked a warrant when they seized a rifle and some clothing from Coolidge's home...
...class in economic theory, and it could yet earn Richard Nixon an F from the voters. It flies in the face of just about everything that economists have believed, but it describes a grim fact of life in the U.S. today. Unexplainable by the philosophy of Adam Smith, John Maynard Keynes or even Milton Friedman, a new strain of inflation has become a hard reality for millions of Americans. So far, it has proved stubbornly resistant to the classic remedy of business slowdown that has cured inflation in the past. To rescue the nation from it, the Nixon Administration...
...Joseph Maynard, whose vote would break the tie, was again absent...
...holds much of the responsibility for the orchestra's operation is its chairman, Maynard Goldman. Goldman is a violinist who teaches at Brandies, plays in the orchestra, and acts as the performers' spokesman. He has a deep enthusiasm for the orchestra and the innovations it is attempting. "It is an opportunity for people like myself to get together and perform, to choose our own programs, and choose our own conductor" he says. "We certainly don't make our living performing with the Boston Philharmonia...