Word: stanford
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Dates: during 1970-1979
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Even the stock players are revitalized by off-center writing. The obligatory blond bombshell (Shelley Smith) turns out to be a Stanford-educated superachiever. The ancient senior partner (the wonderful British actor Wilfrid Hyde-White) is doddering ("I make my best decisions when I'm asleep") and autocratic, but often he proves to be the wisest person in the room. The firm's most unctuous, corporate-minded lawyer (Joe Regalbuto) may be a back stabber, but he is also a mean wit. When a liberal colleague talks about serving mankind, he replies, "Unfortunately, they...
...through the Memorex case was excused. There were 118 in all. In many long cases, anyone who cannot get away from work for months at a time or who earns more than jury duty pays-$30 a day plus some extras-will opt out. That leaves, says Stanford Law School Professor William Baxter, juries of "the old, the jobless and the poor." At the 14-month trial of SCM vs. Xerox, a $1.5 billion antitrust suit, the jurors' average education level was tenth grade...
...late 1950s and the 1960s, the new economists are now professors in their own right at universities around the country. Among them: Martin Feldstein, 39, of Harvard, who is the leading thinker in the group; Robert Lucas, 41, of the University of Chicago; Michael Boskin, 33, of Stanford; Rudiger Dornbusch, 37, and Stanley Fischer, 35, both of M.I.T.; as well as many, many others...
...articles and testimony, Boskin, a Stanford professor, advocates a concise plan. Among his ideas: 1) reduce the size of federal spending as a proportion of the Gross National Product; 2) balance the budget over the length of the business cycle, accumulating surpluses in good years that can be used for tax cuts in hard times; 3) require the Federal Reserve Board to announce a "moderate and predictable" rate of monetary expansion-about 5% to 6%-and stick to it; 4) eliminate the personal income...
...some judges. Typically, a judicial "selection committee" nominates several names, the Governor picks one, and the judge runs unopposed on a yes-no "retention ballot" after a year or more. The system can produce a higher quality bench, if politics does not creep back in. "The big problem," says Stanford Law Professor Jack Friedenthal, "is the selection of the selectors...