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...Hudson Institute, a conservative think tank, proposes that Washington create a new federal science-and-technology agency that would coordinate the government's widely scattered $76 billion annual investment in R. and D. and make industry a partner at every level. "What we have now," says Hudson fellow Robert Costello, a former Pentagon official, "is a flea going up against an elephant, but the flea is growing...

Author: /time Magazine | Title: The Economy Now This Idea Is -- Shh! -- O.K. | 12/23/1991 | See Source »

...economy staggers, Bush can be expected to move increasingly in Costello's direction. Next month the President will decide whether to double funds for the Commerce Department's advanced technology office, which dispenses grants to companies for promising technological breakthroughs. Meanwhile, Administration officials are examining the possibility of reinstating the Investment Tax Credit, killed in 1986, to boost private investment in research as well as new plant and equipment. "I want to emphasize," said Energy chief Watkins, "that this concept of a new partnership between government and industry is not about government attempting to substitute its judgment for that...

Author: /time Magazine | Title: The Economy Now This Idea Is -- Shh! -- O.K. | 12/23/1991 | See Source »

...Bennett Williams, who until his death in 1988 was one of the most effective lawyers Washington had ever seen, the attorney of choice for malefactors of great wealth or high profile (among them Senator Joe McCarthy, Teamster chief Jimmy Hoffa, Congressman Adam Clayton Powell Jr. and Mob boss Frank Costello, the model for Mario Puzo's Godfather). Evan Thomas, Washington bureau chief of Newsweek, tells the Williams story as it should be told, with due attention to the man's boozy, backslapping charm, his genius for the law, and his untiring willingness to place his gifts at the service...

Author: /time Magazine | Title: Full Service | 12/2/1991 | See Source »

This introduction, brash enough to cause riots, was tempered by the smooth melodies of Elvis Costello's "Veronica," performed by Daniel Brotman and Gordon Woodward...

Author: By Daniel J. Sharfstein, | Title: This Jam Was Not Stuck in Traffic | 10/17/1991 | See Source »

...ecology again. But -- yes -- it's a save- the-rain-forest jamboree of 15 Grateful Dead tunes covered in rambunctious fashion by artists as diverse as Jane's Addiction and Suzanne Vega. Check out Warren Zevon and David Lindley taking Casey Jones down the track and Elvis Costello keeping Ship of Fools dead on course. But there's good work all around...

Author: /time Magazine | Title: Critics' Voices: Aug. 5, 1991 | 8/5/1991 | See Source »

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