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...years ago, World Bank President Robert S. McNamara asked Brandt to head a private study on the unsettled and potentially explosive relations between industrialized and developing countries. Joining Brandt were 17 other luminaries, including such former heads of government as Chile's Eduardo Frei, Britain's Edward Heath and Sweden's Olof Palme. Americans on the Brandt commission were Katharine Graham, chairman of the Washington Post Co., and Peter G. Peterson, chairman of the Wall Street investment bank of Lehman

Author: /time Magazine | Title: Business: Brandt Sounds the Tocsin | 2/18/1980 | See Source »

Thatcher's position was upheld by two of her predecessors as Prime Minister in what Callaghan called "a calm and rational debate." Speaking from the corner Commons seat once occupied by Winston Churchill during the '30s, Edward Heath strongly denied that there had been any "coverup" and insisted that Blunt's disclosures about other Soviet spies had provided "a great deal of valuable information." Callaghan agreed with Heath, but allowed, with hindsight, that "the advice at the time about Blunt being allowed to stay in a palace post was wrong." And Callaghan added the icy comment...

Author: /time Magazine | Title: BRITAIN: The Spy with a Clear Conscience | 12/3/1979 | See Source »

...Anthony Eden before being sent as High Commissioner to Australia in 1956. Three years later, he was named to the prestigious post of First Lord of the Admiralty. He served as Secretary of Defense and later was Secretary of Energy in the 1970-74 Tory government headed by Edward Heath. Carrington, who was also chairman of the Conservative Party at that time, earned the nickname of "Superhawk" by urging Heath to take a strong stand against the striking unions. It proved to be a disastrous strategy and helped pave the way for the Tories' 1974 electoral defeat...

Author: /time Magazine | Title: World: Britain's Pragmatic Patrician | 11/26/1979 | See Source »

...ceiling, calling a single guideline figure "a mad infatuation with a figure that bears within it the seeds of its own destruction." Kirkland wants to replace the old standard with case-by-case wage settlements. The top business representative on the board. National Association of Manufacturers President R. Heath Larry, argued equally adamantly against moving toward any à la carte pay guide. At another point in the meeting, Kirkland and R. Robert Russell, director of the Administration's Council on Wage and Price Stability, heatedly squabbled over whether unions should try to make up in wages the income lost...

Author: /time Magazine | Title: Business: The Wages of Inflation | 11/12/1979 | See Source »

From the wings enter two crimson-draped women, who commence a ritualistic dance in the darkness surrounding Lear. The audience, distracted from the old king's contortions, stares into the gloom and realizes that Regan and Goneril have joined their father on the heath...

Author: By Scott A. Rosenberg, | Title: Not the Promis'd End | 10/15/1979 | See Source »

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