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...that it will go even lower by year's end. Yet Giscard has so far taken only mild measures to conserve oil: lower home heating levels, stricter speed limits and vague ideas on producing a more economical car. Inflation remains a serious concern. Last year, seeking to buck up the investment rate by improving profit margins, the French removed the price controls maintained on many goods. But that kicked living costs up sharply-and is a big reason why 1979 inflation is expected to climb above the officially projected...

Author: /time Magazine | Title: Business: A Threat to Global Growth | 7/2/1979 | See Source »

...famous 17-year cicada has nothing on the perennial goldbug. Quick-buck speculators, long-haul investors and just plain inflation-scared savers have put so much money into gold that last week it ballooned to a record $277.15 an ounce. Other precious metals have been piggybacking on the yellow stuff. Lately silver and platinum have risen even faster than gold. Predictions that gold could hit $300 an ounce by midsummer-and that other metals could rise in tandem -are becoming self-fulfilling as speculators rush to buy in anticipation of higher prices...

Author: /time Magazine | Title: Business: Ingot We Trust | 6/11/1979 | See Source »

...social idealism that could be interpreted as being "soft on communism." The University had to defend its essential function of free inquiry, exploration of truth against those who brandished bureaucratic axes under the banner of patriotism. The University bent, but did not break, thanks to leadership from Paul Buck, the Provost, and Nathan M. Pusey '28, who became president. Buck called me into his office in 1953 when the issue was firing a tenured professor for his communist affiliation. "Stay here until I come back," he said, "I am going to see the Corporation. I don't know...

Author: By Michael Macco, | Title: Veritas: Virtue, Passion, Integrity | 6/4/1979 | See Source »

...rich, warm shades of a gold-hued carpet. When Carlson's Gold Bond Stamp operation was at its peak in the 1960s, its executives drove a fleet of company-owned gold Cadillacs. A gold-framed saying in one of his offices reflects Carlson's buck-starts-here philosophy: "Lest you forget, our sole purpose here is to make money. However, let's have fun while we are doing...

Author: /time Magazine | Title: Business: Expanding Along with Carlson | 5/14/1979 | See Source »

...misinterpreted, Powell had only one question: "What in God's name do you think you're doing?" Groused another aide: "If you talk to Fallows, he'll tell you he thinks he's done something good, decent, honorable and right. Bull!" Added a third: "Fast-buck journalism." Carter has read the article and declined public comment. As for the aides who accuse Fallows of disloyalty, they may be even more enraged by the next issue of the Atlantic. A second installment reportedly will focus on them...

Author: /time Magazine | Title: Nation: Fallows' Fracas | 5/7/1979 | See Source »

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