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Instructors in fatigues and mufti are still lecturing on the fine points of treason, gun handling and dandelion cook ery. Off to the side, a group of apple-cheeked, grade-school-age girls in ging ham dresses, children of members of the audience, are sitting on swings, singing chorus after chorus of Jesus Loves...

Author: /time Magazine | Title: In Illinois: Festival of the Fed-Up | 11/5/1979 | See Source »

...what magnitude (or diminutude) a number passes beyond the capacity of an ordinary person to grasp -that is, to picture the quantity. Yet obviously a great effort is required even to cope with what is symbolized by a billion. The proof lies in those familiar tormented illustrations that writers cook up in the hope of suggesting the amount of a billion: the 125-mile-high stack of dollar bills that would add up to about a billion, the airplane propeller turning around the clock at 2,400 r.p.m. that would fall short of spinning a billion times in a year...

Author: /time Magazine | Title: Time Essay: Getting Dizzy by the Numbers | 10/29/1979 | See Source »

...Wall Street player today is also not like the 1929 Fifth Avenue cook who quit because her mistress would not install a stock ticker in the kitchen or the shoeshine boy who passed on to Joseph Kennedy the insider's tip to "buy oil and rails." In the past decade, 7 million small investors have pulled their money out of Wall Street and spent it on real estate, gold or simply a new mink coat. Over half of today's market is dominated by professional investors representing pension funds, insurance companies or mutual funds. They have better financial...

Author: /time Magazine | Title: Nation: Could the Great Crash of '29 Recur? | 10/22/1979 | See Source »

...centennial of Edison's great achievement comes at a time when American innovative genius, so well personified by Edison, has begun to fade. The nation that produced Robert Fulton, Robert Goddard, Edmund Land and many others now has far fewer folk-hero tinkerers. Laments James G. Cook, president of the Thomas Alva Edison Foundation: "Over the past decade, America has been losing its traditional leadership in technological innovation. Our Edison-like spirit of inventiveness seems to be going the way of the gas lamp...

Author: /time Magazine | Title: Business: The Sad State of Innovation | 10/22/1979 | See Source »

...affair of Lady Amherst and Mensch holds the reader's chief interest and sympathy because it's the most coherent and human part of Letters; the other characters dance a contorted jig about it, A. B. Cook III and his descendant A. B. Cook VI send their unborn children endless genealogical accounts of the family's intrigues, centering around the War of 1812. Jerome Bonaparte Bray, part dictator, part human fly, part servant of a computer, plots a Second American Revolution. Todd Andrews--still alive, despite The Floating Opera's denouement--writes to his dead father contemplating a second suicide...

Author: By Scott A. Rosenberg, | Title: Return To Sender | 10/20/1979 | See Source »

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