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Robert Vreeland, 35, a biologist from Portland, remembered looking up to see some of his partners beginning to slip. Said he: "I yelled for them to self-arrest, to dig in with their axes, but they didn't have time. I braced myself. I could see I was going to be hit. I got my ax in a couple of times, but it came out. It was like a ball of people falling through the air. There wasn't anything I could do." Vreeland and eleven companions survived. Four were killed outright; a fifth died a few hours...

Author: /time Magazine | Title: Sport: Death on Two Mountains | 7/6/1981 | See Source »

With few exceptions, economists reject proposals for returning the world's money system to gold. Yale's Robert Triffin, for example, says that it is "an absurd waste of human resources to dig gold in distant corners of the earth for the sole purpose of transporting it and reburying it immediately afterward in other deep holes." Yet gold's hold on the general public remains. As Janos Fekete, the deputy head of the National Bank of Hungary, once explained at a conference of monetary experts: "There are about 300 economists who are against gold - and they might...

Author: /time Magazine | Title: The Legacy of King Croesus | 6/22/1981 | See Source »

...prices not only has made consumers more cautious about wasting precious fuel but has also spurred industry to search much harder for new supplies. At more than $4.30 per thousand cubic feet (as compared with $1.42 in 1974), natural gas prices have reached a level at which wildcatters can dig wells deeper than ever before and yet still turn a profit if a well proves productive...

Author: /time Magazine | Title: Michigan's Sudden Bonanza | 5/11/1981 | See Source »

...American work ethic really expired? Is some old native eagerness to level wilderness and dig and build and invent now collapsing toward a decadence of dope, narcissism, income transfers and aerobic self-actualization...

Author: /time Magazine | Title: Essay: What Is the Point of Working? | 5/11/1981 | See Source »

...year and half ago almost no one had heard of the Harvard Institute for International Development (HIID), whose 20 faculty fellows were quietly researching agricultural development programs in Kenya, trying to improvement in Mali, and sending teams to dig wells in the Sudan from the sixth floor of a tastefully modern office building on Cambridge St. But last winter, when President Bok offered the institute's directorship to Arnold C. Harberger, a University of Chicago economist who had been a consultant to Chile's repressive military regime, a storm of student and faculty protest went up, Harberger declined the position...

Author: By Amy E. Schwartz, | Title: Perkins Takes the Helm at HIID | 5/6/1981 | See Source »

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