Word: adamancy
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Dates: during 1980-1989
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...wealth. Says San Francisco Correspondent Michael Moritz, who also wrote the accompanying box on Venture Capitalist Arthur Rock, our cover figure: "I was impressed by Rock's silent power. People I talked to about him were reluctant to be critical, fearing his reach and influence." New York Correspondent Adam Zagorin was struck by the vitality of the multimillionaires he interviewed. "Stock Analyst Arnold Bernhard, for one, doubled his already considerable fortune when he was past 80," says Zagorin. "For such men, money is a byproduct of their creative drive, not of greed." Taylor agrees. "The people we are talking...
Reported by Adam Zagorin/New York
...could well be next year's loser. In 1982 Coleco Industries, pushed forward by its successful video-game machine, led the N.Y.S.E., going from 6% to 36%. In 1983 Coleco's stock zoomed further, to 65, but then it ran into delays and glitches with its new Adam computer. The hit of 1982 ended...
Soviet violations of détente, however, were so much more blatant as to appear systematic. In the analysis of Adam Ulam, head of Harvard's Russian Research Center, the Kremlin leaders always took it for granted that the two sides would continue their competition for power and influence in the Third World, and after the Watergate scandal broke they saw little reason to be cautious about doing so. They judged the political authority of Nixon and his successors to be too gravely weakened for them to shape any vigorous response to Soviet probes. Among other things, the Kremlin sent guns...
Just how authoritative such writings are remains debatable, but the fact that this book appeared in the early 1970s indicates that it had no immediate effect on Soviet strategy. Indeed, there is evidence that Soviet assessments of nuclear war have become more cautious in recent years. Says Adam Ulam, director of Harvard's Russian Research Center: "When the Soviets' nuclear power was puny, in the mid-'50s, they were boasting and bluffing that war would mean the end of capitalism, and socialism would emerge triumphant. Since then, on several occasions, the Soviets have conceded that the results...