Friedman’s Monetarist Ideas Change Academic Tone
Milton Friedman’s Nobel win shifts view of economic policy. Once scorned as a maverick, his monetarist belief in minimal government intervention and free money growth has gained grudging acceptance. Floating exchange rates and market-driven trends illustrate his influence on modern policy.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Milton Friedman
Friedman
John Maynard Keynes
Keynes
Pilot Lands Safely After Engine Fails In Field
Phillip R. Kircus of New Orleans and his wife Elzabeth escaped injury when a sightseeing flight near Union County North Carolina encountered engine trouble. The plane shed a cylinder, but Kircus with more than 2000 hours calmly radioed position, banked left and landed in a corn field. The fuselage remained intact.
MENTIONED IN THIS ARTICLE
Marshville
N.C
Phillip R. Kircus
New Orleans
Union County
Kircus
Elzabeth
Hunt Faces Funding Rift Over Tax and Spending
Raleigh AP Republican governor suggests Hunt would raise taxes to fund his proposed programs. Hunt argues tax increases not needed, citing $147 million for increased appropriations and $122 million in specific school and public safety items. He notes broader requests total $700 million annually, with Medicaid, transportation, prisons, and court costs driving the pressure.
MENTIONED IN THIS ARTICLE
Raleigh
Jim Holfhouser
Jim Hunt
Hunt
Holfhouser
David Flaharty
Advisory Budget Commission
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THE
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Family Theatre
Swenson
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DE Ea Pt
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