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Word: classing (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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European Economic Correspondent Friedel Ungeheuer, who reported foreign reaction to the U.S. monetary moves, studied economics at Harvard (Class of '56) under John Kenneth Galbraith. "After breaking his leg in a skiing accident," says Ungeheuer, "Galbraith regaled his students with an unsentimental view of human fallibility, reminding them that man's greed and short memory make monetary history eminently repeatable." Such lessons, notes Ungeheuer, "blessed us with that indispensable tool of economic journalism: magnificent hindsight." Last year, however, when reporting on the coming gold rush for TIME, Ungeheuer demonstrated the much rarer gift of economic foresight, predicting...

Author: /time Magazine | Title: A Letter From The Publisher, Oct. 22, 1979 | 10/22/1979 | See Source »

...personal life as well as his public decisions, Volcker is a slow man with a buck. Instead of flying a regularly scheduled airline and getting a first-class seat so he can stretch his long legs, Volcker doggedly queues up to ride the cramped shuttle flight between Washington and New York, where his wife, who suffers from arthritis, still lives. A month ago, when the dollar was under attack, Volcker found himself marooned for six hours at New York's La Guardia Airport waiting for a place on the shuttle. Says one aide with a grin: "Perhaps...

Author: /time Magazine | Title: Nation: Defender of The Dollar | 10/22/1979 | See Source »

...first became engulfed by the Indochina war in 1970. Following the Communist takeover by China-backed Pol Pot and his Khmer Rouge in 1975, between 2 million and 3 million Cambodians were systematically murdered or otherwise eliminated under a genocidal "purification" policy. It was aimed at destroying the educated class and creating a peasant society. Some journalists who have visited the country have seen mass graves and torture camps reminiscent of Dachau and Auschwitz...

Author: /time Magazine | Title: CAMBODIA: And Now the Horror of Famine | 10/22/1979 | See Source »

...unity with the papacy. But their unity was anything but total. Grumbled one bishop: "He was harkening back to an orthodoxy that I thought we had passed by years ago." Said another: "I almost expected the bell to ring, telling us it was time to go to the next class...

Author: /time Magazine | Title: Religion: Aftershock from a Papal Visit... | 10/22/1979 | See Source »

...lungs of iron and feet that skitter like a sandpiper's. When he beams, the sun comes out. When he is troubled, the sky falls on Chicken Little. And when he leers, he is the naughtiest boy in class. Class is also the word for his partner and costar, Ann Miller. When haven't we missed her long, lithesome legs? The years have left them far sounder than most currencies. Her taps are tops, routines done with effortless style and sophisticated rhythms. Do we miss burlesque, which forms the substance of Sugar Babies (if sheer fluff has substance...

Author: /time Magazine | Title: Theater: Mighty Mick on Broadway | 10/22/1979 | See Source »

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