Word: gurus
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WHERE DOES PATRICK BUCHANAN GET HIS ECOnomic ideas? When asked by TIME to name his gurus, he spoke admiringly of an obscure German economist named Wilhelm Ropke, who died in 1966. But Ropke would probably have mixed feelings about Buchanan's populism. The economist served on Germany's unemployment commission until Hitler took power in 1933 and fired him. Ropke went into exile in Switzerland but in the late 1940s served as a top adviser to Ludwig Erhard, architect of Germany's "economic miracle." Ropke warned of "the tendency for the increasingly centralized state of our times to surround like...
...college whose motto is veritas, Harvard has long suffered from an excess of bull, whether from gov-jocks shoveling it in section or pre-frosh trying to impress their hosts. With several presidential candidates and political gurus having visited in recent weeks, the problem has only grown worse...
...oddly enough, it is the gurus of the new simplicity who are discovering that success brings unexpected complexities. The industry leaders are Vicki Robin and her friend Joe Dominguez, who wrote Your Money or Your Life, which has grossed $3.5 million and sold 350,000 copies in just three years. In that time, Robin has given more than 600 press interviews, plowed through two 10-city book tours, appeared twice on Oprah and co-conducted financial seminars around North America. Before the book was written, she hadn't been on an airplane in 20 years. Now she has more frequent...
...with go-it-alone socialist policies to turn India into a black hole for foreign investors. Just four years ago, however, the government of Prime Minister P.V. Narasimha Rao began to scrap decades-old barriers to foreign capital, including restrictions on ownership and the repatriation of profits. Suddenly financial gurus touted India as the next hot spot for investment. Also reformed have been laws that made it impossible for foreigners to own a majority of an Indian company and forced them to get licenses from a web of corrupt bureaucracies...
...wonder. Here he is, prating and preening like a parrot on a stump about the need to renew American civilization. This is the guy who hates the '60s but reincarnates them in his 40-acres-and-a-laptop Utopianism; who thinks kitsch "futurologists" like Alvin and Heidi Toffler are gurus and that a fund-raising cultist like Arianna Huffington is an intellectual. He filled his cable-TV sermons about "Renewing American Civilization" with brazen plugs for corporations that contributed to his funding operation, GOPAC. He wants to destroy the national endowments while promoting tax breaks for developers on Mars. There...