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Modesty is advisable: inflation is in fact the most torturingly complex problem of modern economics. It seems inextricably bound up with growth and high employment; a quick and sure solution might be achieved by inducing another depression-but that would be too severe a cure. Moreover, inflation has become a worldwide plague (TIME cover, April 8). The U.S., even if it can control the economic sickness within its own borders, might be subject to reinfection from abroad...

Author: /time Magazine | Title: Time Essay: How to Mobilize Against Inflation | 7/29/1974 | See Source »

...quick, final cure is in sight, the Government still has an obligation to act. The economy, to be sure, is not completely manageable by Washington, but there are a number of policy actions that could be taken to greatly reduce inflation's severity. And in dealing with inflation, degree is crucial; the difference between price increases at annual rates of, say, 6% and 12% is the difference between excessive social drinking and incapacitating alcoholism...

Author: /time Magazine | Title: Time Essay: How to Mobilize Against Inflation | 7/29/1974 | See Source »

...crystallized the criticism of Warren's approach to the court's role. Did the court have the right to impose electoral rules on state legislatures? Said Justice John Harlan: "This [majority] view, in a nutshell, is that every major social ill in this country can find its cure in some constitutional 'principle,' and that this court should 'take the lead' in promoting reform when other branches of government fail to act." Yale's Professor Alexander Bickel complained that the court "seems to lack a sense of the limitations of the institution...

Author: /time Magazine | Title: The Law: Earl Warren's Way: Is It Fair? | 7/22/1974 | See Source »

...Several rulers," he wrote, "have sought to cure the state and restore it to normal health. They think this decay is the result of incapacity or negligence in their predecessors. They are wrong. These accidents are inherent in empires and cannot be cured...

Author: /time Magazine | Title: IN QUEST OF LEADERSHIP | 7/15/1974 | See Source »

There is no known cure for Dutch elm disease...

Author: By Jenny Netzer, | Title: B&G Treats and Replaces Diseased Elms in Yard | 7/9/1974 | See Source »

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