Word: moved
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Dates: during 1960-1969
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Essential though it is, the automobile has one major fault: wherever it is used in large numbers, its internal-combustion engine contributes mightily to air pollution problems. As a result, automakers have already been sued on various grounds for degrading the environment. Moreover, they will have to move with unaccustomed speed to meet the minimum requirements of tough federal laws that go into effect in 1971. Instead of merely waiting for the next anti-pollution blow to fall, however, Henry Ford II has a better idea...
...reduce the exhaust pollution of internal-combustion engines by 90%, the ultimate solution to the problem could well be a new kind of power source. Ford has already experimented with electric cars and gas-turbine engines for trucks and buses. Now Henry Ford II promised that it will also move "ahead on the more difficult problem of developing a turbine engine for passenger...
Opponents of the Pennsylvania law plan an appeal to the U.S. Supreme Court. Meanwhile, Rhode Island, Connecticut and Ohio have enacted similar laws to help their troubled parochial schools. Many other states are considering a move in Pennsylvania's direction. Whatever the outcome, critics argue that a victory for nonpublic schools in the Supreme Court may produce a loss in the long run. For one thing, there might be less money to go around for public schools, especially those in the ghetto. In addition, critics note, to win tax support the church schools must prove that they provide...
Friedman deprecates the role of his rhetoric in winning acceptance for his ideas. "People are persuaded by the evidence of experience," he says. As for his own role, he adds: "all one can hope to do is move things in the direction they ought to go. I try to be specific about the ideal and not worry too much about what at the moment is realistic." By following that precept, Milton Friedman has done much to revive faith in the competitive market and to change the theories by which nations guide their commercial destinies...
...money supply. Last week Vice Chairman James L. Robertson called for "tighter and more painful controls" to eradicate the nation's "inflation psychosis." Such tough talk reflects a serious worry that is still shared by the majority of the board's members. They fear that even the slightest move toward easier money or lower interest rates would be misinterpreted by businessmen as a signal to get set for another jolt of inflation. In the minority at present, Board Members Sherman...