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Dates: during 1970-1979
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Brown is right on one count--technological progress, leading to increased productivity of labor, is the main source of growth in per capita income (as well as sectoral unemployment). But the only governmental remedy to America's declining rate of technological change would be to spend more, not less; to subsidize the turnover of older, less world-competitive industries that can still operate profitably in the protected domestic market, like steel, or to encourage research and innovation. NASA is a prime example of an effective technology-producing government agency that is highly susceptible to budget-slashing...

Author: By Kerry Konrad, | Title: The Browning of America | 4/3/1979 | See Source »

...Ford, 54, is expected to remain as chairman of the executive committee. Henry Ford may stay on as chairman of a revised finance committee and a director. Said one Ford Motor Co. insider: "As long as he has the power to hire and fire chief executives, don't count...

Author: /time Magazine | Title: Business: Ford's Future | 4/2/1979 | See Source »

...sleep, returned to Washington a half day after the President and headed for the office, where he spent the rest of the week working on the story that appears in this issue. When either Ogden or Carter is rested enough for another trip to the Middle East, he can count on Burt Pines' plotting his movements on the multicolored...

Author: /time Magazine | Title: A Letter From The Publisher, Mar. 26, 1979 | 3/26/1979 | See Source »

...looked more interesting than politics," insists thrice-a-week-tongue-in-cheek New York Times Columnist Russell Baker, 53. Between columns. Baker has been scribbling away at a musical, which opens on Broadway next month. Three years of effort, by the author's count, have produced a net loss of $375 for the coffee consumed by himself and "paladins of the Great White Way" while they convinced him that a succession of scripts needed "a lot of work." The end result, Home Again, with music by Cy Coleman and lyrics by Barbara Fried, is a melodic history...

Author: /time Magazine | Title: People, Mar. 26, 1979 | 3/26/1979 | See Source »

...ready to count the University out in toto but, lo and behold! out of the ashes rise phoenix-like a Faculty which dares to take a vocal stand! I can only say that the combination of scholastic integrity and humanistic concern evidenced by those professors who spoke at the Faculty meeting has cast a much-needed beam of warm light on what for me has been a steadily paling view of what Harvard's community of "educated men and women" represents. I thank those professors and sincerely hope that they may further contribute some much-needed leadership and moral encouragement...

Author: NO WRITER ATTRIBUTED | Title: Word of Thanks | 3/22/1979 | See Source »

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