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...critics who counsel the abrupt abandonment of Reaganomics, some economists suggest a look at the alternatives. Says Walter Hoadley, former chief economist for the Bank of America and now a resident scholar at the Hoover Institution in Stanford, Calif.: "If the Administration backs away from its program under pressure, then the picture gets much worse. Inflation will take over America. Then there goes the dollar, interest rates, everything...

Author: /time Magazine | Title: Making It Work | 9/21/1981 | See Source »

...Latin pun: cassis also means "helm.") There are not many books. Helms wants to take up reading mysteries?Dot tells him that intellectuals peruse them to relax ?but for now a Churchill biography lies on a coffee table. There are autographed portraits: President Reagan, Spiro Agnew, J. Edgar Hoover. Helms has collected dozens of figurines of elephants, but not as a hobby; most were foisted on him by friends. He has no hobbies. When he is in Raleigh, Helms never misses Pou Bailey's every-other-Thursday-night poker fest, a 35-year-old ritual. Steaks or jambalaya...

Author: /time Magazine | Title: To the Right, March!: Jesse Helms | 9/14/1981 | See Source »

Sowell, 51, a senior fellow at the Hoover Institute at Stanford, seems to be everywhere arguing his case. He has three new books out: Ethnic America (a historical analysis of how various groups have fared). Pink and Brown People (a collection of newspaper columns) and Markets and Minorities (an examination of whether the underprivileged are more successful with or without government assistance...

Author: /time Magazine | Title: Sowell on the Firing Line | 8/24/1981 | See Source »

...part to advances in turbine technology for "low head" dams. The new turbines produce electricity by having water flow horizontally, under modest pressure, against the blades of the turbine. The machines look something like submarines sitting on the bed of the river. Traditional hydroelectric dams like the Hoover Dam on the Arizona-Nevada border must be hundreds of feet tall so that the water can fall from great height and with huge force and speed against the turbines. Although low-head dams are widely used in Europe, relatively few of those in the U.S. generate electricity...

Author: /time Magazine | Title: Water Power | 8/24/1981 | See Source »

...busting towns in the West that were run for and by thugs. Lead ruled in such towns, and in the cities too, and brought all the social amenities usually associated with superior firepower. There was Pretty Boy Floyd and Al Capone. There was Bonnie and Clyde and J. Edgar Hoover. America was well on its way to becoming the single most violent nation on the face of the earth, and yet mystery writers were still trapped in a Gothic sinkhole...

Author: By Thomas Hines, | Title: A Continental Op | 7/21/1981 | See Source »

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