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Such pioneering purchases are a traditional way by which governments encourage new technologies. The now ubiquitous microchip is perhaps the best example. At first the U.S. military was the only market for the early integrated circuits, but by selling to it in bulk, companies learned how to make chips better and cheaper. Between 1962 and 1968, says Dennis Hayes, president of Seattle's Bullitt Foundation, the price of these components dropped 95% as their capabilities expanded, eventually making integrated circuits viable for commercial applications such as personal computers...

Author: /time Magazine | Title: Selling the Sun...and the Wind | 7/16/2001 | See Source »

...against the slate-gray Baltic skyline, the Finnfighter has neither the smooth horizontal lines of a conventional freighter nor the bulk of a passenger ferryboat. It combines elements of both, as if a cargo ship had slowly crunched its stern flat against an iceberg. It's the latest in a new line of ships to roll out of Dry Dock No. 1 in the industrial port city of Gdynia. It's also a rare economic success story to emerge from the tatters of communist rule...

Author: /time Magazine | Title: Custom Manufacturing: Revolutionary Shipyard | 7/16/2001 | See Source »

...Last week, the two men joined forces to try to muscle House members into voting for the legislation, which would ban unregulated "soft money" contributions to national parties. (It totaled $487 million in the 2000 election.) Gephardt worked the phones to stanch hemorrhaging by Democrats, who provide the bulk of support for the bill. McCain, who shepherded a similar measure through the Senate last April, targeted some 40 GOP congressmen who've backed reform in the past. His Straight Talk America PAC, for example, sent e- mails to 200,000 supporters across the country urging them to flood the congressional...

Author: /time Magazine | Title: Why McCain and Gephardt Need Campaign Finance Reform | 7/16/2001 | See Source »

...plant, which generates steam through burning oil, is of great importance to the University because it currently produces the bulk of the steam that is used on Harvard’s Cambridge and Allston campuses. Harvard would continue to use the plant to produce the campus’ steam after any acquisition...

Author: By Daniel P. Mosteller, CRIMSON STAFF WRITER | Title: Harvard May Buy NSTAR Energy Generation Plant | 7/13/2001 | See Source »

...then, the economy should be rolling again and the bulk of the Bush tax cuts will just be starting to kick in. No matter how Bush's re-election prospects look from five months out, he'll want a Fed chairman with a kind eye for what W. put in place. Someone who sees the world like a true Republican. Someone with experience on the Fed and in a White House, able to see monetary policy from both the central bank's and the president's viewpoint...

Author: /time Magazine | Title: Stacking The Fed | 7/13/2001 | See Source »

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