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...rules to remain, admitting that it is impossible to put a dollar price on social welfare. But at the same time they argue that there are now too many silly, contradictory and ineffective rules that snarl enterprise in red tape. Above all, they see a need to identify and enact sensible changes that would allow regulation to achieve much the same social goals in a less wasteful way and with a much smaller damage to other, equally important economic goals, including job-creation...

Author: /time Magazine | Title: Time Essay: The Rising Risks of Regulation | 11/27/1978 | See Source »

Anarchism's basic tenet is that no individual or institution has the right to initiate force against another individual. Since governments have the authority to enact and enforce laws that affect citizens' lives, anarchists call for the abolition of the state, or at least the reduction of the state's function to that of protecting individual rights. To replace the activities and services the state provides, anarchists envision individuals and groups entering into voluntary contractual agreements, on either a capitalist or socialist economic basis...

Author: By Patricia A. Wathen, | Title: The Anarchic Ideal | 11/27/1978 | See Source »

...coverage and record sales. Everyone loves to read about mutilation, self-inflicted or otherwise: and if sham turns to reality, so much the better--as in the case of Sid Vicious of the Sex Pistols, now whiling away the hours at Bellevue. After all, if rocks stars can't enact the fantasies of a lobotomized generation, who can? The problem with punk rock--the genuine, mind-rotting type--is that when it's insincere, everyone can tell; but when it's honest, it ends up like Sid, in an institution...

Author: By Scott A. Rosenberg, | Title: New Wave's Old Wrinkle | 10/25/1978 | See Source »

...makes no sense to advocate economic progress if, in the same breath, we enact our own destruction...

Author: By David A. Demilo, | Title: Seeing Through the Apocalypse | 10/19/1978 | See Source »

...example?that can be corrected only by recession. Consumer buying has held up fairly well, business investment in new plant and equipment is picking up a bit, and both should be spurred by the tax reduction of $16 billion to $18 billion a year that Congress is about to enact. In 1979, though, that cut will just about offset the impact of higher Social Security taxes and the erosion of both consumer and business purchasing power caused by inflation...

Author: /time Magazine | Title: Business: No Crash of '79 Coming Up | 10/2/1978 | See Source »

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