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...sheer spectacle, the Boston Ballet's third annual Sleeping Beauty, which closed last night, succeeded lusciously. Peter Farmer decked out the Fairies in stained-glass blues and greens, as peasants and the Prince's hunting party cavorted in the golds and reds of a New England autumn, and the courtiers looked as though they'd just stepped off a wedding cake, with popsicle-orange feathers bobbing on their bewigged heads. And the decor, especially in the second act, atoned for a flock of balletic bumbles. The ingenious use of layered, semi-transparent drop scrims melted the bright grove...

Author: By Juretta J. Heckscher, | Title: A Flawed 'Beauty' | 4/11/1978 | See Source »

...speaker is William Norris, a Nebraska farmer's son who learned about computers when he was a World War II Navy cryptographer (he helped to break the German code), then sold stock at $1 a share to start Control Data in Minneapolis in 1957. Last year the company had sales of $2.3 billion, and its profits rose by 42%. But Chairman Norris at 66 is doing much more than adding to his millions. While other people merely fret and fuss about hard-core unemployment, this plain-talking engineer is taking long risks to create jobs for people...

Author: /time Magazine | Title: Executive View: Planting in the Ghettos | 4/3/1978 | See Source »

Fugitive Financier Robert Vesco has been facing some rough weather in the sunny Caribbean. Charged with embezzling $224 million from the now defunct I.O.S. Ltd. mutual fund empire, Vesco fled from the U.S. to Costa Rica in 1972. He is now ensconced as a gentleman farmer on a 4,000-acre country estate with his wife and children. Threatened with deportation once Costa Rica's President-elect, Rodrigo Carazo, takes office in May, Vesco applied for citizenship, listing his nationality as Italian (he was born in Detroit but claimed the nationality of his father). Trouble is, Italy and Costa...

Author: /time Magazine | Title: People, Mar. 20, 1978 | 3/20/1978 | See Source »

...lagging agricultural output. Almost invariably, collectivizing or communalizing farms deadens initiative. Food productivity thus remains low, despite enormous investments in farm machinery and irrigation systems. Although 85% of Poland's farm land remains in private hands, output is poor because low official prices provide no incentive for the farmer to work harder...

Author: /time Magazine | Title: Socialism: Trials and Errors | 3/13/1978 | See Source »

...that Norwegians worry about too much socialism. The growing tax burden apparently prompted segments of the working class to vote conservative in the last two parliamentary elections. A more widespread form of protest is tax evasion. One method is to avoid cash transactions whenever possible. A clothier and a farmer, for example, exchange a new suit and a side of beef; a dentist fills the teeth of an auto mechanic in return for a car lubrication. Another method is "black labor." Example: a company wishing to redecorate its offices pays cash for the work, but does not record the transaction...

Author: /time Magazine | Title: Special Report: Norway: The Cost of Safety | 3/13/1978 | See Source »

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