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...would soon be rocketing all over again. That is precisely what happened. With people increasingly following an impulse to "buy now before the price goes up," spending began to roar anew in midsummer. Consumers once again crowded into supermarkets and stores while businesses began to borrow at a breakneck clip...

Author: /time Magazine | Title: The Squeeze of '79 | 10/22/1979 | See Source »

...full half year. But no sooner had Jimmy Carter named his new economic team of Treasury Secretary G. William Miller and Federal Reserve Chairman Paul Volcker than the grim news was out: living costs had spurted up yet again in June, and at just about the same breathless clip at which they have been rising since January...

Author: /time Magazine | Title: Business: Prices: Still Flying High | 8/6/1979 | See Source »

...studio head, the director is outclimaxed. William Wyler, for example, directed Wuthering Heights for Samuel Goldwyn in 1939, closing the film with both main characters, Heathcliff (Laurence Olivier) and Catherine (Merle Oberon), dead. Such a somber ending greatly disturbed Goldwyn, and he asked Wyler to insert a brief clip of the two lovers in heaven. The director firmly refused. Thus it was a stunned Wyler who attended the premiere and watched Heathcliff and Catherine strolling amid cottony clouds just before the lights went...

Author: /time Magazine | Title: Show Business: Playing the End Game | 7/30/1979 | See Source »

...TODAY the earth, speeding along at the present clip of 66,000 miles per hour, will have circled the sun exactly ten times since two men inside a spidery little space craft wrapped in gold tin foil hit the dust of the Sea of Tranquility...

Author: By James G. Hershberg, | Title: How Giant A Leap | 7/20/1979 | See Source »

Freedman's modernization does not stop here, however. He has turned his production into a multi-media event by employing photographs, film clips and closed-circuit television. From time to time five large screens drop down. On each is projected a different view--now a movie clip, now a still. There are motorcades, massed throngs, and, in the military half of the play, battle scenes and fire-bombings. In the background is a special soundtape collage put together by Mark Dichter, who holds degrees from M.I.T. and Columbia's film department...

Author: By Caldwell Titcomb, | Title: A 20th-Century 'Julius Caesar'... ...an 18th-Century 'Twelfth Night' | 7/17/1979 | See Source »

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