Word: costs
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Dates: during 1970-1979
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Belatedly, and at great cost, the Shah himself has begun to comprehend the real nature of Iran's malaise and his role in its creation (see Interview page 43). In other societies run by strong rulers - Lee Kuan Yew's Singapore, Leopold Senghor's Senegal, Tito's Yugoslavia - literate and cultivated populations have succeeded in matching political progress with economic and cultural development. But Iran's unique society, so influenced by its religious structure and rooted for centuries in a different world, simply could not adjust to such radical change. The Shah failed to realize that the dramatic alterations...
...disobedient. The most obvious is to withhold federal contracts from companies that violate the standards. Some other ideas: lean on the Interstate Commerce Commission to reject any rate increases that truck lines might seek in order to pay for a high settlement with the Teamsters; let in more lower-cost imported steel if American mills raise prices too much. Government officials are talking about administering the 1931 Davis-Bacon Act in a way that would hold construction wages down rather than pushing them up. The act commands that contractors pay the "prevailing" area wage on federally aided construction jobs...
...blue suits and slow, heavily technical speech make him seem the embodiment of fiscal traditionalism. But as a child in Berlin he lived through the insane German inflation of 1923-24. Once his mother gave him 105 billion marks to buy a ticket to a swimming pool that had cost 15 pfennig to enter not long before. But she miscalculated; by the time Wallich got to the pool, the price had risen to 150 billion marks, and he could not get in. Today at 64 Wallich regards inflation as not just an economic but a moral outrage. Says he: "Inflation...
Universal has spent more money on Galactica, or Star Wars 1½, as it might be called, than anyone has ever spent on a TV series before-$15 million, nearly double the cost of Star Wars itself. Moreover, Tektronix, Inc., a computer firm, has contributed a real computerized control room, and John Dykstra, 31, who created the wizardry special effects for Star Wars, was commissioned to work the same magic for Galactica...
Shinagel said the low cost of courses is another factor which attracts students. Most one semester courses cost only $80 if taken for credit. "The low tuition rates and the outstanding academic program are a winning combination," he said...