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...better symbol exists of the public philosophy of the Reagan era than the Adam Smith neckties worn proudly by presidential confidants. As President, Reagan has fused this faith in the economic invisible hand with the rugged individualism of the "Sagebrush Rebellion." Government is always seen as a rapacious tax collector standing between businessmen and the creation of wealth. The result is an Administration whose clarion call is "Enrich thyself." For Reagan, money is the measure of achievement, and he has left no doubt that he prefers the company of the wealthy. McFarlane, shortly after his suicide attempt in February, told...

Author: /time Magazine | Title: What's Wrong | 5/25/1987 | See Source »

...Michael Cook is an enthusiastic collector of oxymora, among them such alleged contradictions as airline food, jumbo shrimp and postal service. But Cook, chairman of the Big Eight accounting firm of Deloitte Haskins & Sells, bristles when wags tell him about the latest one: business ethics. The unamused Cook maintains that most business people can still be trusted. Yet he admits, "We have all been embarrassed by the events that make the Wall Street Journal read more like the Police Gazette...

Author: /time Magazine | Title: Having It All, Then Throwing It Away | 5/25/1987 | See Source »

...lucky object was by Vincent van Gogh -- the largest and best known of seven paintings of sunflowers in a pot that he had done in Arles between August 1888 and January 1889. It was bought through telephone bids by an anonymous collector. It was the next to the last in the sunflowers series still left in private hands, since four are in museums and one was destroyed in Yokohama during World...

Author: /time Magazine | Title: Art: Of Vincent and Eanum Pig | 4/13/1987 | See Source »

...Croesus with more money than he knows what to do with can look virtuous. It confers an oily sheen of spiritual transcendence and cultural responsibility upon individual and corporation alike. That is why even a soft-porn merchant like Bob Guccione, publisher of Penthouse magazine, is now a "major" collector...

Author: /time Magazine | Title: Art: Of Vincent and Eanum Pig | 4/13/1987 | See Source »

...judge wrote that Whitehead was "manipulative, impulsive and exploitive...a woman without empathy." Stern and his physician wife, he reasoned, would make better parents; they could surely provide more advantages for the baby than Whitehead, a high school drop-out, and her garbage collector husband. The Sterns, he noted, might one day give Melissa music lessons...

Author: By Michael D. Nolan, | Title: Bringing Up Baby | 4/6/1987 | See Source »

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