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That prospect troubles many economists and businessmen who applaud what Reagan is trying to do. Says Otto Eckstein, a member of TIME's Board of Economists: "With only a little additional bad luck, the Government could experience a deficit of $100 billion." Adds DuPont Chairman Irving Shapiro: "I have a lot of trouble with this new economic religion. No businessman would run his business on the basis of an untested thesis...

Author: /time Magazine | Title: Challenge to Change: Reagan calls for an end to spendthrift Big Government | 3/2/1981 | See Source »

Those whom the Gods have doomed to a life of literary criticism often look askance at Hannah and his black humor. They criticized him for his absurdity. They were convinced that the world in general, and literature in particular, was a fundamentally sane enterprise. Those who applaud Hannah, with nothing better to say, fell back on complimenting his irony. But irony is not what Hannah is up to. Irony is simply juxtapositioning opposites--a false stance adopted by too many poor writers. It is a higher form of advertising; one flashes on garbage and someone says, "Nice...

Author: By Thomas Hines, | Title: Sabres, Gentlemen, Sabres | 2/24/1981 | See Source »

Burger acknowledged that what he called his "damage-control program" would be enormously costly. But he maintained that it was "as much a part of our national defense as the budget of the Pentagon." Many in his A.B.A. audience, which interrupted him eight tunes to applaud, obviously agreed, and so did much of America. The New York Times pointed out, in one of the many editorial page responses that the speech provoked, that Burger touched a nerve with "an entire generation of citizens who dread the city streets and in their fear feel deprived of elementary rights." David Armstrong, president...

Author: /time Magazine | Title: Law: Burger Takes Aim at Crime | 2/23/1981 | See Source »

...rich Florentines who crowded into the house of Jacopo Corsi in 1597 were unaware that they were about to witness a miracle. Dafne, the work they were to applaud, was an unprecedented marriage of music and drama: the world's first opera. Jacopo Peri's score is lost, but it must have been a success, because soon nearly every composer in Italy was trying le nuove musiche...

Author: /time Magazine | Title: Books: The New Music | 2/9/1981 | See Source »

...conservatism ("Handouts are what you get from the Government; a hand up is what you get from a friend"), their values are more than a bit askew, even for a no-holds-barred comedy. The viewer is to find the battle of a snake and a mongoose reprehensible, but applaud the climactic spectacle of two brawling men making hamburger out of each other's bodies. It says something about the American body aesthetic that Eastwood's previous picture, the innocently droll Bronco Billy, failed at the box office while Philo and Clyde...

Author: /time Magazine | Title: Cinema: Comedy: Big Bucks, Few Yuks | 1/12/1981 | See Source »

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