Word: authorization
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Dates: during 1980-1989
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...students in its 41-state poll could define such basic concepts as profit and the law of supply and demand. The 8,205 eleventh- and twelfth-graders who took the 40-minute multiple-choice test correctly answered less than 40% of the 46 questions. Declared William Walstad, a co-author of the study: "Our schools are producing a nation of economic illiterates...
This week another columnist of formidable stature debuts in the World section under the title America Abroad. The author is Washington bureau chief Strobe Talbott, who has unraveled the complexities of foreign policy in a wide variety of TIME stories since 1971. Twice a month America Abroad will offer readers a regular opportunity to read one of Washington's most perceptive observers of foreign affairs. Says World editor James Kelly: "Talbott has the rare ability to explore complicated issues in a manner that is lucid and provocative...
...vehicle for both reporting and taking his own stands. "While I think of myself as essentially a reporter, I have strong views on most matters too," he says. Talbott's choice of subject will often reflect his credentials as an expert in U.S.-Soviet affairs and as the author of three books chronicling the past twelve years of superpower arms- control diplomacy, but he plans to vary the scope of America Abroad. He will weigh in at times with topical examinations of news events, step back on other occasions to take a historical perspective and devote a column...
...dispute or particularly difficult to come by, but the makers of Mississippi Burning, in their pursuit of a box-office smash, chose to ignore them. In the process, they have not only turned history inside out but have also lent support to a racist myth. Says Seth Cagin, co-author of We Are Not Afraid, a rigorous account of the Philadelphia murders: "The film suits the fantasy of the Ku Klux Klan that the FBI was an invading tyrannical force that imposed its will on the South because it played dirty." It is bad enough that most Americans know next...
There is a growing awareness among Western leaders of the need for workable solutions. French President Francois Mitterrand has suggested allowing an organization like the International Monetary Fund to buy depreciated Latin debt and accept interest payments in line with the loans' discounted value. Author John Kenneth Galbraith and Harvard economist Jeffrey Sachs call for the Latin Americans to declare moratoriums on their current interest payments and pay only as much as they can afford. For some nations the plan would be tantamount to debt forgiveness, which would force banks to write off the loan- loss reserves they have...