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...have suffered a devastating blow when the stock market crashed last October. But, defying expectations, the economy is still running and even blowing off enough steam to inspire fears that it may actually be overheating. Forget about a recession, many economists counsel, and start worrying about inflation. Once a faint and far-off danger, rising prices may now pose the gravest threat to economic stability...

Author: /time Magazine | Title: Blowing Off Some Steam | 5/23/1988 | See Source »

...around Tucson, the "astronomy capital of the world," may bristle with telescopes, but they are mighty rare in the remainder of the world. There are about 500 American astronomers who publish at least one scholarly paper a year; there are only eight telescopes large enough to see the extremely faint and faraway objects of interest to many of them...

Author: /time Magazine | Title: In Arizona: White-Knuckle Astronomy | 2/29/1988 | See Source »

When University of Arizona Astronomer Richard Elston first aimed a newly assembled infrared-light detector at the heavens last spring, he was hoping to find objects so faint that they had never been seen by human eyes. Almost at once, his specially equipped telescope picked up something astronomers have been seeking for years. Last week Elston and two colleagues announced at an American Astronomical Society conference in Austin that they had found what appeared to be primeval galaxies some 17 billion light-years from earth -- so far away in both space and time that they seemed to be poised...

Author: /time Magazine | Title: Science: Light At The End of the Cosmos | 1/25/1988 | See Source »

Hollywood -- and America -- may be faint of telltale heart. Drabinsky isn't, though. He knows that his toughest competition is himself. Ah, but what if a younger, hungrier showman comes along? No sweat. "If there's a young Garth Drabinsky out there," says Drabinsky, "A) he's welcome to try, and B) I'd probably hire...

Author: /time Magazine | Title: Show Business: Master of The Movies' | 1/25/1988 | See Source »

...Paris -- and it was almost always late at night in Jimmy Baldwin's Paris -- he would occasionally take out a ball-point pen and start drawing a large rectangle on what was left of a beer-stained paper tablecloth. Inside the rectangle he would slowly write, sometimes with a faint smile on his lips, a series of incantatory words...

Author: /time Magazine | Title: Books: Bearing Witness to the Truth James Baldwin: 1924-1987 | 12/14/1987 | See Source »

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