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...industry. For much of the 1980s, the Commission dictated steel production quotas that kept prices high but also emerged as "a great machine for slowing down the exit of the high- cost producers," says Jonathan Aylen, a senior lecturer at the University of Salford in Britain. Under steel's curious economics, it is sometimes cheaper to keep a plant running unprofitably than to close it completely. In a total shutdown, the company must write off the entire value of the factory, make heavy outlays to dismissed workers, and pay to dismantle the mill and clean up the site...

Author: /time Magazine | Title: Grinding Down Steel | 11/29/1993 | See Source »

...clear and crisp and simple? Curious. During the cold war, especially during its last two decades, liberals claimed that things were not so simple, that only ideologues and dimwits -- Ronald Reagan, for example -- insisted on seeing the world through the prism of the cold...

Author: /time Magazine | Title: The Greatest Cold War Myth of All | 11/29/1993 | See Source »

...overarching symbolism of the move is perhaps its most disturbing aspect. As the Humanities are carted across Quincy Street, and the Social Sciences are banished almost to Law-School-Siberia, one might be curious what will fill the vacuum at the physical center of the university. What inevitably fills new space in a bureaucratic organism? More organs of bureaucracy. Boylston, now a convenient and centrally located academic building, will quarter the Freshman Dean's Office. Perhaps this is compensation for the proctors loss of pet-keeping privileges. Considering the importance that Rudenstine ascribes to physical position, we should all recognize...

Author: By Benjamin J. Heller, | Title: Harvard's Perestroika | 11/22/1993 | See Source »

...before creating the hit series NYPD Blue, created the very expensive flop series Cop Rock, a weekly musical about police. "It was the most fun I've ever had in television," says Bochco, whose father was a Broadway pit musician. The audience regarded Cop Rock as a curious taste not worth acquiring -- "I think people sitting at home alone," Bochco figures now, "were embarrassed" -- and ABC canceled it quickly. James Brooks, the director of Terms of Endearment and Broadcast News, finished shooting his movie musical I'll Do Anything last February, but test audiences reacted so negatively that Brooks...

Author: /time Magazine | Title: Spectator Cartoons Yes, Humans No | 11/22/1993 | See Source »

Animal he would love to be: I've always been partial to monkeys. I volunteered for the Sacramento Public Library and dressed up as Curious George. I felt so at home in that monkey suit. Oh, and I love bananas. One time there were no bananas at breakfast so I asked for them...

Author: By Joshua D. Fine, | Title: FM profile | 11/18/1993 | See Source »

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