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Your story "Medical Costs-Seeking the Cure" [May 28] almost scared me sick. The best solution for keeping medical costs within reason is to stay well...

Author: /time Magazine | Title: Letters, Jun. 18, 1979 | 6/18/1979 | See Source »

...doubt about the precise cause of the worst U.S. air tragedy in history-the crash of an American Airlines DC-10 jumbo jet near Chicago's O'Hare International Airport on Memorial Day weekend that killed 275. While the experts hunted for both a cause and a cure, 138 DC-10s in the U.S. and 132 more around the world were grounded. As the airlines using DC-10s lost an estimated $5 million a day, the public developed new doubts about the industry's vaunted competence and, equally important, the ability of its federal regulators to protect...

Author: /time Magazine | Title: Nation: Debacle of the DC-10 | 6/18/1979 | See Source »

...Economists, the generals in our war against inflation, are fighting the wrong battle. We are told over and over again that the only cure for inflation is recession. I don't buy that. It's akin to cutting the head off when only a haircut is needed. You hold down the cost of living not by lengthening unemployment lines but by producing more goods and services more cheaply...

Author: /time Magazine | Title: Business: Fighting the Sag in Efficiency | 6/18/1979 | See Source »

Henry Ford's grandson was contemptuous. "Like trying to cure cancer in five years," he grumped. "Brock wants to repeal the laws of thermodynamics," said a man at General Motors. "A peanut butter car," hooted the Wall Street Journal recalling a dream from earlier decades that some day anything-even peanut butter-could be used as fuel. One auto engineer said they already had "a bellows car" powered by Secretaries of Transportation turning a handle that shot hot air out the back...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: Toward a Peanut Butter Car | 6/11/1979 | See Source »

...School of Business Administration and served on President Eisenhower's Council of Economic Advisers; of a heart attack; in Los Angeles. A free-market champion ("Adam Smith was the prophet"), Jacoby was warning about high inflation as long ago as the late 1950s, and argued that the proper cure was not controls but a curb on the red ink flowing out of Washington...

Author: /time Magazine | Title: Milestones, Jun. 11, 1979 | 6/11/1979 | See Source »

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