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This is also not to say that Harvard students are morally bankrupt. Roughly 60 percent are involved in some community service activity during their four years here. Many Harvard people act morally; all too often, however, they omit morality from their justifications for their actions...

Author: By Ira E. Stoll, | Title: A Parting Shot: The Moral Sense at Harvard | 2/2/1994 | See Source »

Meanwhile, Call It Sleep lived on chiefly in the memories of a few readers -- its publisher had gone bankrupt shortly after releasing it -- until 1964, when Avon reissued it in a mass-market paperback edition. After critic Irving Howe hailed it as a neglected American classic on the front page of the New York Times Book Review, Call It Sleep went on to sell more than a million copies. This unexpected windfall eased Roth's financial problems but did nothing for his creative deadlock. He was still stuck with an acclaimed first novel whose methods and intentions he had repudiated...

Author: /time Magazine | Title: Ending a 60-Year Silence | 1/31/1994 | See Source »

...Russian lives any easier. Western experts have long insisted that the most painful aspect of Russia's effort to move to a market economy has been its roaring inflation. The main cause of that has been the Russian central bank's penchant for handing out subsidies and loans to bankrupt factories and state farms by printing billions of rubles, speeding the destruction of the national currency. Frantic Russians last week rushed to buy hard currency, driving down the ruble 15%, to almost 2,000 for one dollar, before it rebounded. At the end of 1992, the exchange rate was around...

Author: /time Magazine | Title: One Giant Step Backward | 1/31/1994 | See Source »

...Altman. "Without it you can't have universal coverage." Put simply, the Administration would force most employers to pay 80% of the cost of health insurance premiums. Workers would cover the rest. But small companies, and an increasing number of medium and large ones, contend that such mandates could bankrupt them. In an attempt to accommodate these concerns, the White House proposes 15 separate rates of medical-premium costs determined by company size and employee wages. These differences, Moynihan argues caustically, could cause a "massive shift" in U.S. employment patterns as companies replace full-time workers with part-timers...

Author: /time Magazine | Title: The Political Interest: Pat Moynihan's Healthy Gripe | 1/31/1994 | See Source »

...embarrassment of a newspaper strike, which would have blacked out coverage of the summit. Angered by a directive that could raise the cost of paper and printing services as much as 600%, the editors of some of Moscow's most influential publications accused the government of trying to bankrupt the media and called for a strike during summit week. Prime Minister Viktor Chernomyrdin summoned the rebellious journalists to his new office to remind them that they had championed the very market reforms that were pushing them into the red. They relented when Chernomyrdin suspended provisions in the decree that would...

Author: /time Magazine | Title: Clinton Visits, But Moscow Does Not Believe in Cheers | 1/17/1994 | See Source »

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