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...threshold of its third century, America is afflicted by a "drift from dynamism," which threatens to allow the nation's global leadership to slip into "less sophisticated hands, at a perilous moment." So concludes the Economist's deputy editor, Norman Macrae. A longtime expert on world economics and political affairs, Macrae, 52, first gained attention in the U.S. in 1969 by writing a penetrating survey on the American dilemmas of race and poverty. Now he has produced a provocative if discursive report suggesting that the U.S. may be at the close of its industrial empire. He argues persuasively...

Author: /time Magazine | Title: THE FUTURE: Needed for America: Fewer Claims, More Growth | 11/10/1975 | See Source »

...essential theme of Lampost Reunion by Louis La Russo II, and it is a first play of some consequence. The reunion is in a bar. The hero is Fred Santoro (Gabriel Dell), whose career and fame resemble Frank Sinatra's. He and his henchman (George Pollock) drift into a haunt that Santoro shared with a gang of cronies (mostly Hoboken, N.J., Italian-Americans) some 20 years before...

Author: /time Magazine | Title: The Theater: Charred by Life | 11/3/1975 | See Source »

...unseating of incumbents takes place this fall, the candidates to watch as the election returns drift slowly in (with PR voting, it often takes a week to figure out the winners) will be the four non-incumbents on the CC '75 slate. Of the four-John Brode, David Clem, Eric Davin and Mary Ann Preusser-each claims that he or she will be the lucky winner if CC '75 picks up a fifth seat, and the complexity of Cambridge voting makes it hard to tell the bluffers from the true believers. All four, of course, embrace the CC '75 platform...

Author: By Julia M. Klein, | Title: Liberals May Gain Majority | 10/30/1975 | See Source »

...emergency and hold elections. Another view holds that since she already has a two-thirds majority in Parliament, there would be no need for her to risk a campaign and all its attendant criticism from opposition leaders and an unshackled press. There are signs of a drift toward a cult of personality. The back of one bus bears the florid declaration COURAGE AND CLARITY OF VISION, THY NAME IS INDIRA GANDHI. The government-run television has also stepped up its already lavish coverage of the Prime Minister and her Cabinet...

Author: /time Magazine | Title: INDIA: The Emergency: A Needed Shock | 10/27/1975 | See Source »

...prevent brokers from getting the best possible prices for their clients by forcing them to deal for the most part only with other Big Board members. But many Wall Streeters contend that without 394, markets for stocks would become disorderly: more than half the business of the N.Y.S.E. would drift from the floor to the offices of individual brokers, where stocks would be traded at wildly varying prices...

Author: /time Magazine | Title: WALL STREET: A New Chief for Change | 10/13/1975 | See Source »

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