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...from Popper that Soros gained his personal philosophy of reflexivity. It boils down to the sensible if not entirely original idea that people always act on the basis of imperfect knowledge or understanding; that while they may seek the truth--in the financial markets, law or everyday life--they'll never quite reach it, because the very act of looking distorts the picture. He says he has used this theory to try "to turn the disparate elements of my existence into a coherent whole...

Author: /time Magazine | Title: TURNING DOLLARS INTO CHANGE | 9/1/1997 | See Source »

Nothing is simple in Washington, least of all simplicity. Eleven years ago, the House and Senate replaced the intricate U.S. tax code with a less convoluted system that aimed, with some success, to tax equal incomes more or less equally. That turned out to be an imperfect victory. Subsequent Congresses put enough complexity back, through juggling of rates, deductions, credits and so forth, so that the tax code is again almost as baroque as it was before the 1986 reform. Today it fills some 7,000 pages. Just trying to comply with it costs Americans $75 billion a year--minimum...

Author: /time Magazine | Title: BACK INTO THE TAX MAZE | 8/4/1997 | See Source »

...president, is expected to name a multi-party "transitional authority" Tuesday night to handle day-to-day governing. Although the U.S. is pressing Kabila to commit to multi-party elections as soon as possible, organizing a vote will not be easy given the country's decaying infrastructure and imperfect census data. "The country is bankrupt. There's not even a constitution," South African Deputy President Thabo Mbeki said. South African negotiators have reportedly proposed holding elections in a year's time, notes TIME's Peter Hawthorne. For the moment, though, Kinshasa residents, still exuberant over the rebels' easy victory...

Author: /time Magazine | Title: Near Normalcy | 5/19/1997 | See Source »

...essence, this kind of beguiling imperiousness that has made the Hungarian-born Halmi, who speaks in an endearingly imperfect English, one of the most prolific and risk-embracing producers in television. Through his former production company RHI and now as chairman of Hallmark Entertainment, Halmi has made nearly 200 TV movies and mini-series during the past two decades. Soon to arrive: what might be considered one of television's most audacious ventures to date, Halmi's four-hour production of The Odyssey (beginning May 18, 9 p.m. E.T., NBC), which at $32 million is, minute for minute, the most...

Author: /time Magazine | Title: TELEVISION: FORGET CLIFFS NOTES | 5/12/1997 | See Source »

...really fun and exiting process which takes us almost two months in the summer," Sparagana says. "It is imperfect, but we do try to make everyone feel at home when they arrive at Harvard in the fall...

Author: By Laura E. Rosenbaum, | Title: Six Guys Named J. | 4/21/1997 | See Source »

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