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Earlier this month, faculty members at Stanford and the University of California at Berkeley introduced an ingenious corporate structure to regulate funding and profits with less danger of compromising research priorities. They created a nonprofit Center for Biotechnology Research and have already raised $2.4 million from six major corporations, including...

Author: /time Magazine | Title: Education: Pure Knowledge vs. Pure Profit | 9/28/1981 | See Source »

Anna seems almost alarmingly controlled, unreachable-as modern as any Cosmo girl. But what about her Victorian twin? Is Sarah, as Irons describes her, "the breath of a new century"? Or is she simply mad-driven to psychosis by the conflicting pulls of passion and repression? "I hope by the...

Author: /time Magazine | Title: Cinema: When Acting Becomes Alchemy | 9/7/1981 | See Source »

Their congressional leaders feel that the White House deliberately misled them into agreeing on more extensive tax cuts than they wanted, before the fight even began, in hopes of effecting a compromise that Reagan never had any intention of making. White House aides reply that the Democrats were so splintered...

Author: /time Magazine | Title: Hell Do It His Way | 6/15/1981 | See Source »

Through the 1870s, Pissarro's surfaces would become more agitated, broken and silky. In one of his small masterpieces, The Climbing Path, L'Hermitage, Pontoise, 1875, he gave a view of roofs through a dappled grid of tree trunks the sort of beautiful abstruseness one associates with C...

Author: /time Magazine | Title: Art: Impressionism's Oak-Tree Uncle | 6/15/1981 | See Source »

Beginning in 1976, HMC entered a high-risk investment area--venture capitalism, so-called because the investor puts up capital to help found extremely speculative business ventures. Because of the risk, the potential rewards are great. Harvard originally invested $20 million, or 1 per cent of the endowment, in venture...

Author: By Burton F. Jablin, | Title: A Prudent Investor | 6/4/1981 | See Source »

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