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...might induce such tight money that it would abort any recovery. Heller wants to shrink the deficit mainly by raising taxes in 1983, a step that could batter the economy even lower. Some conservative economists predict that the result of the red ink will be higher interest rates. Says Burton Malkiel, an adviser to Gerald Ford and now dean of the Yale School of Organization and Management: "You have a $100 billion deficit running smack against a tight rein that the Federal Reserve has held on the money supply. That will push up interest rates...

Author: /time Magazine | Title: The Great Deficit Dilemma | 2/15/1982 | See Source »

Television's Johnny Carson has one. So does Actor Richard Burton. Pop Singers Barry Manilow and Engelbert Humperdinck have two apiece. The Queen Mother got one as an 80th-birthday gift. Charles and Diana, the Prince and Princess of Wales, received a pair when they were married. What do these luminaries have in common? Along with thousands of lesser mortals, each has had his or her name appended to at least one star-of the heavenly kind-in what seems to be the most far-out fad since astrology...

Author: /time Magazine | Title: Science: Stellar Idea or Cosmic Scam? | 1/11/1982 | See Source »

...regional director of the NLRB decides in favor of the fired employees, he could attempt to reach a settlement between management and labor, Burton Rosenthal of the NLRB said yesterday, adding that if he cannot, the case will be sent to an administrative judge...

Author: NO WRITER ATTRIBUTED | Title: Fired Ferdinand's Employees Charge Unfair Labor Practices | 1/8/1982 | See Source »

Besides Glashow, who won a Nobel Prize for physics in 1978. Burton Richter, professor of physics at Stanford University and a Nobel Laureate in 1976, and Wolfgang Panofsky, the director of the Stanford Linear Accelerator, will be present at the conference, which is sponsored by the Fermi physics Laboratory of Chicago, as well as "much of the physics establishment of Moscow," Glashow said...

Author: NO WRITER ATTRIBUTED | Title: Glashow Will Speak in Mexico To Promote Physics Research | 1/5/1982 | See Source »

Elizabeth Taylor Hilton Wilding Todd Fisher Burton Burton Warner, 49, did it again last week. Or rather, she undid it again. Confirming rumors that her seventh marriage to her sixth husband was shaky, Liz and Republican Senator John Warner, 54, said they would seek a legal separation after five years of marriage. Warner joins an illustrious cast from Liz's previous marital flings: Hotelier Conrad Hilton Jr. in 1950; British Actor Michael Wilding in 1952; Producer Mike Todd in 1957; Singer Eddie Fisher in 1959; and Actor Richard Burton in 1964 and again in 1975. In the early stages...

Author: /time Magazine | Title: People: Jan. 4, 1982 | 1/4/1982 | See Source »

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