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...technology has pushed the price of introducing new goods so high that no company can risk its investment on anything so old-fashioned as a simple supply-and-demand marketplace -which is little more than a "fairy tale" anyway. To eliminate risks, droves of technocrats set minimum prices, ar range orderly supply and virtually dictate demand through advertising...

Author: /time Magazine | Title: Economics: Burying Free Enterprise | 1/6/1967 | See Source »

...requirements for customary instruments compelled him to devise a new written language that would convey the sounds he wanted to hear. Today, many of his notational inventions have become the accepted form for avant-garde composers. Tone clusters, for example are designated by highest and lowest notes by A ar...

Author: /time Magazine | Title: Composers: What's the Score? | 10/14/1966 | See Source »

Like the Dominican Republic's Balaguer, Méndez faces some heavy historical adds. Since Guatemala's inde pendence in 1847, only one civilian President, Leftist Juan Jose Arévalo (1945-51), has completed his term. Besides an itchy military, Guatemala is also plagued by a stagnant economy and mounting extremist agitation from both right-wing and Communist terrorists. Though Méndez was not talking specific solutions or programs last week, he was confident in the knowledge that he had fully 30 of the new Guatemalan Congress' 55 members on his side...

Author: /time Magazine | Title: Guatemala: Against the Odds | 7/8/1966 | See Source »

Plea for Defenses. Wilson was also receiving criticism last week on the colony of Aden and the South Arabian Federation, which is due for package independence in 1968. Early in the week four South Arabian Cabinet ministers ar rived in London to discuss ways for South Arabia to avert almost certain subversion and take-over by Egypt's Nasser once Britain pulls out its 13,000 troops and closes down Aden's Khormaksar Airfield. To beef up its 5,000-man army, South Arabia wants 5,000 British troops, some patrol boats and spotter planes, a couple...

Author: /time Magazine | Title: The Commonwealth: The Day That Wasn't | 6/3/1966 | See Source »

...Harvard political sociologist will spend eight months in Vietnam working with Vietcong defectors in as effort to improve the "Open Ar me Program"--the official attempt to bring more of the Vietcong over to the government...

Author: By Robert J. Samuelson, | Title: Soc Rel Man To Interview Cong Defectors | 6/1/1966 | See Source »

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