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...million, including those that produce prescription drugs, cement, and electric motors, to file quarterly reports on price actions, including any price changes being considered for the future. Bosworth frankly admits that there has been plenty of mismanagement of the price standards. Yet he insists: "The answer is not to abandon the program. We've lost a lot of time, but we've got to get a better flow of information...

Author: /time Magazine | Title: Business: Ripping Apart the Guidelines | 4/16/1979 | See Source »

MORE IMMEDIATELY, though, we must be concerned with how to proceed in the effort to meet this nation's ever-expanding appetite for fuel. The President seems committed to the further development of nuclear power. He said this week we cannot "abandon the nuclear supply of energy in our country, in the for seeable future." His assessment is not astonishing, when cities like Chicago get almost half their electricity from nuclear plants and the nation as a whole gets 12 to 13 per cent of its electricity from reactors...

Author: By Mark D. Director, | Title: After the Fallout | 4/13/1979 | See Source »

...that an investment today of $1-or $1 billion-will pay off in the future. In a highly inflationary economy, managers have no sound means of estimating the real cost of a long-term project, no way of knowing whether profits will cover that cost. So they delay or abandon investment projects that seem marginal or chancy. Instead, they put the company money into a smaller number of investments that seem to be sure winners-or into buying out existing companies rather than opening new branches...

Author: /time Magazine | Title: Time Essay: America's Capital Opportunity | 4/2/1979 | See Source »

Indeed, on every front, psychiatry seems to be on the defensive. Private groups with names like Alliance for the Mentally Ill are beginning to batter the profession and its hospitals with the same kind of malpractice suits that plague the rest of medicine. Many psychiatrists want to abandon treatment of ordinary, everyday neurotics ("the worried well") to psychologists and the amateur Pop therapists. After all, does it take a hard-won M.D. degree (a prerequisite psychologists do not need) to chat sympathetically and tell a patient you're-much-too-hard-on-yourself? And if psychiatry is a medical treatment...

Author: /time Magazine | Title: Psychiatry on the Couch | 4/2/1979 | See Source »

...predictions as high as $15 billion had been published. The President's approximations were apparently based solely on the basic commitments he had made to carry out the treaty terms. They include paying part of the cost of moving military equipment from two major airbases that Israel must abandon in the Sinai and establishing similar bases within Israel in the Negev desert. A U.S. survey team estimated the cost at $1 billion, and Israel has predicted that $3 billion more would be required to make the new bases operational...

Author: /time Magazine | Title: Nation: The Price of Peace | 3/26/1979 | See Source »

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