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...greatest lieder-a 24-part cycle about a rejected lover who sets out on a winter journey of despair, tantalized by everything he sees and dreams. These were Schubert's own favorites among his songs and were written just a year before his death at 31. Hermann Prey, a younger German baritone of growing renown, has also recorded Die Winterreise (Vox; 2 LPs). His voice is richer, but his interpretation is less subtle: while Fischer-Dieskau suffers a hundred varieties of hurts, Prey suffuses the whole in a single sorrow...

Author: /time Magazine | Title: Television: Jun. 12, 1964 | 6/12/1964 | See Source »

Congress, says Stanford Physicist Wolfgang Kurt Hermann Panofsky, will have to learn the difference between applied research (in which a man knows what he is looking for) and basic research (in which he does not). "When spending money on an applied device," he says, "you have to question the need for it. But when spending money on fundamental research that may change our whole way of looking at nature, the question of the need is premature...

Author: /time Magazine | Title: Research: How Much Is Enough? | 6/12/1964 | See Source »

...persistent inflation, and the U.S. is fighting a pernicious international payments imbalance and gold outflow. These two problems captured the attention of the meeting, which included almost everybody who is anybody among the world's money managers-from IMF Managing Director Pierre-Paul Schweitzer and Deutsche Bank Chief Hermann Abs to Morgan Guaranty Chairman Henry C. Alexander and the U.S.'s Gardner Ackley, a member of the President's Council of Economic Advisers. The more they talked, the more obvious became their conflicting goals. Nearly every important measure that Europeans take to check inflation tends to aggravate...

Author: /time Magazine | Title: Money: Conflicting Goals | 5/29/1964 | See Source »

...Hermann cites a typical plaintiff with a fractured femur suffered by slipping on an oily factory floor in Chicago. By consulting his four-volume tables, a lawyer figures the going verdict for a fractured femur as $13,500, with 5% more expectable in Chicago, which boosts the claim to $14,175. Unfortunately for the plaintiff, the factory has movies showing that he does not limp, which indicates a 27% cut, to $10,347.75. Since juries like round numbers, he asks for $10,000-and settles...

Author: /time Magazine | Title: Torts: Outguessing the Jury | 5/15/1964 | See Source »

...this overlooks such unpredictable factors as the defendant's reputation or the plaintiff's sex appeal. But the technique could solve thousands of run-of-the-mill personal injury cases, the main road block in clogged U.S. courts. Meanwhile, Hermann's researchers have uncovered useful facts-for example, that 72% of all injury verdicts are for less than...

Author: /time Magazine | Title: Torts: Outguessing the Jury | 5/15/1964 | See Source »

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