Word: far-out
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...events in the heavens - they hope to achieve a goal whose proof has so far eluded Western scientists: unambiguously detecting the gravitational waves forecast by Einstein's general theory of relativity. Why is a nation still struggling to meet basic needs investing precious yuans and talent in such far-out endeavors? Explained Fang Yi: "We consider basic research fundamental to all scientific progress...
...Hamilton Jordan really snort cocaine on that 1978 visit to Manhattan's far-out Studio 54? The possibility is growing stronger that a special prosecutor will have to be appointed to investigate the evening's entertainment enjoyed by the White House chief of staff. Under the stringent provisions of the 1978 Ethics in Government Act, there may be no other way to determine whether it is Jordan or his accusers who are telling the truth...
Evans damaged his reputation last year when, in a study for business lobbyists, he predicted that the stock market would rise 40% over two years if the capital gains tax were reduced from 49% to 25%. That far-out conclusion only bolstered critics, who charge that Evans sometimes cooks the books to come up with results favorable to his clients. Then Evans called Federal Reserve Board Chairman William Miller "a tool of the Administration." Chase decided that it had had enough and early this year agreed to buy Evans...
Large-scale commercial applications of solar power are also being examined, including one far-out idea to send up a solar satellite that could beam energy to earth in the form of microwaves. At Sandia Labs, in New Mexico, the DOE is testing components for future solar-power tower systems. Large arrays of computer-directed mirrors, or heliostats, reflect and concentrate the sunlight on a tower containing a steam boiler linked to an electricity-producing turbine. This October, Southern California Edison Co. will start building the nation's first such device linked to a power grid. Located in Daggett...
Every member of TIME'S Board of Economists opposes a constitutional amendment that would require balancing the budget in each year. Similarly, all shudder at the thought of a constitutional convention, at which extremists might bring up all sorts of far-out schemes to change the Constitution. Said Beryl Sprinkel: "I don't want to lose the freedom we've got, so I am very concerned about having a constitutional convention." However, added David Grove...