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Sharp Rise. Simon nevertheless favors a rise in some fuel prices, both as a curb on burgeoning demand and as an incentive to industry to expand its search for new sources of fuel needed to attain independence from the Arabs and other foreign oil suppliers. But, recognizing that this approach would bring huge profits to the oil industry, he would couple that carrot to a stick: high taxes on any profits over a certain level that were not plowed back into new exploration, new refinery construction or research and development...

Author: /time Magazine | Title: POLICY: Getting It Under One Roof | 12/17/1973 | See Source »

...China--equally desirous of the fruits of modernization--ardently resisted westernization. In many ways the Chinese have been successful where Japan was not. The Chinese have yet to attain the economic modernization they desire and future foreign contacts may well bring China a more western character. But China's success thus far in preserving its culture can be laid to the success of Maoism in stripping the country selectively of those traditional elements in its heritage that are incompatible with the regime's plans for China's future. Mao's disdain for the west and his maxim, "Let the past...

Author: NO WRITER ATTRIBUTED | Title: Western Technology And Eastern Culture | 12/12/1973 | See Source »

...thinking. Everyone in this country has something to be thankful for." He should not have been quite so dismayed, since Mary Moran's essay went on to express the wish that people would relearn "the art of thankfulness," by balancing their hopes against what they can realistically attain...

Author: /time Magazine | Title: AMERICAN NOTES: Misgivings | 12/3/1973 | See Source »

...yearn for their own cabin on Mosquito Lake. Older people who once took it for granted that they would move in with reluctant sons and daughters after retirement now count on relaxing in some sunny clime on the beaches and golf courses of Senior Citizen Acres. "Even if we attain zero population growth, we will continue to spread out across our open land like a tidal wave," says Dartmouth Geographer Robert B. Simpson. "Our demand for land per capita is increasing even more rapidly than our population...

Author: /time Magazine | Title: Special Section: The New American Land Rush | 10/1/1973 | See Source »

...MOST SUCCESSFUL U.S. presidents share two complementary traits: an unswerving committment to overall goals--to U.S. economic growth, in particular--and a general willingness to experiment with almost any means to attain their ends...

Author: By Peter M. Shane, | Title: Watergate: A Miscalculation In Nixon's March to Fascism | 9/21/1973 | See Source »

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