Word: faithful
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Dates: during 1960-1969
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...primarily a theological movement. Still, important new trends in theology suggest that God may best be met in the co-creation of a more humane society or, internally, in the deepest structures of our own psyches (see box, page 42). As so often in the history of faith, this new effort to build a new ministry is a reaction against past failures...
...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...
REACTION to his ideas, says Milton Friedman, follows "a certain scenario." Act I: "The views of crackpots like myself are avoided." Act II: "The defenders of the orthodox faith become uncomfortable because the ideas seem to have an element of truth." Act III: "People say, 'We all know that this is an impractical and theoretically extreme view?but of course we have to look at more moderate ways to move in this direction.' " Act IV: Opponents "convert my ideas into untenable caricatures so that they can move over and occupy the ground where I formerly stood...
...Faith in the free market has caused Friedman to condemn many Establishment institutions as monopolies. His targets include the New York Stock Exchange?in his view, a brokers' commission-fixing cartel?and the public-school system. He contends that the Government should issue vouchers that parents could cash at any school they choose for their children. This, he says, would encourage the founding of independent schools to compete with public schools, particularly "in the ghettos where schooling now available is extremely unsatisfactory." He believes that men who work as leaders in the free market should devote their full energies...
...Dust Bowl. Robert (Michael Sarrazin) is an open-faced kid from a farm. Sailor (Red Buttons) is a Navy veteran whose ship has gone out. The man running the marathon-and carrying the movie-is a dime-store Barnum named Rocky (Gig Young). The son of an itinerant faith healer, Rocky has read the book on corruption and added footnotes of his own. Disgusted at what people-including himself-will do for money, he articulates the film's message: "There can only be one winner, folks, but isn't that the American...