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...political disaster. In England, the year began with the death of much-beloved King George VI and ended with a crisis of leadership surrounding the eventual abdication of the playboy Prince of Wales Edward VII. France was paralyzed by a kind of national paranoic fear that money-grubbing businessmen were controlling the country to the detriment of the average working class and petit bourgeois citizen...

Author: By Cristina V. Coletta, | Title: Harvard at 300: Bathing the Wounds of a University's Troubled World | 9/7/1986 | See Source »

...both money and time on his hands. He saw that the Pixar computer had applications far beyond the film business. He also thought he could teach Catmull and Smith something. "They're babes in the woods," says Jobs, 31. "I think I can help turn Alvy and Ed into businessmen." Today Jobs divides his time between Next Inc., where he is developing desktop computers for scientists and engineers, and Pixar, where he spends one day a week as chairman of the board...

Author: /time Magazine | Title: Computers: The Love of Two Desk Lamps | 9/1/1986 | See Source »

...years than it would under the present tax code. One reason: consumers who save on taxes will have more money to spend and invest. A bigger factor is that the bill would remove the distortions that are created by the existing maze of incentives and exemptions. No longer will businessmen waste their ingenuity devising elaborate schemes to turn ordinary income into capital gains. Dollars will flow to the most productive uses rather than being diverted into agricultural enterprises designed to lose money on paper or into half-empty office buildings and shopping malls that offer tax advantages. Says Joseph Minarek...

Author: /time Magazine | Title: The Making of a Miracle | 8/25/1986 | See Source »

...mysterious seafarers. When they reached St. John's, the castaways, most of whom were in their 20s, identified themselves as Hindu Tamils from Sri Lanka who had fled their strife-torn homeland to escape persecution at the hands of the Buddhist Sinhalese majority. They said they were students, businessmen and skilled ! workers, and claimed to have paid an Indian "agent" up to $3,000 each for passage to Canada. Then followed a month aboard a ship that had picked them up at the south Indian port of Madras. But five days before the fishermen found them, the refugees said...

Author: /time Magazine | Title: High Seas a Twice-Told Tale with a Twist | 8/25/1986 | See Source »

...their long separation, the two Berlins have acquired markedly different personalities. West Berlin (pop. 2.1 million) is a city with insomnia. By day the streets hum as dark-suited businessmen brush impatiently past roller skaters clad in little more than G-strings, and camera-laden tourists gawk at punk couples in Dracula makeup and matching spiky hairdos. So fast is the tempo that when a quarrel erupted recently between two West Berliners, the story goes, one snapped at the other, "Slap yourself for me. I don't have time." At night the city grows more manic still, with revelers jamming...

Author: /time Magazine | Title: East-West Tale of a Sundered City | 8/18/1986 | See Source »

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