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During the last seven years, the cost of living index rose 67.8 per cent, tuition rose 77.8 per cent, but faculty salaries increased only 33 per cent, he said...

Author: By Daniel H. Winograd, | Title: Yale Faculty Wins 10.5% Salary Increase | 2/2/1980 | See Source »

...Washington, Correspondents Christopher Ogden and Gregory Wierzynski interviewed Zbigniew Brzezinski and other top officials, while Diplomatic Correspondent Strobe Talbott contributed an assessment of the future of SALT. From Moscow, Bureau Chief Bruce Nelan reported on the state of detente as seen from the Soviet vantage. One index of Soviet-American relations, he finds, is the degree of difficulty that journalists in Moscow have in reaching sources. Reports Nelan: "Officials are still willing to open their doors to U.S. newsmen, but if relations really freeze over, we could be out in the cold." But so far, Moscow has been...

Author: /time Magazine | Title: A Letter From The Publisher, Jan. 14, 1980 | 1/14/1980 | See Source »

...problem is complicated by developments on the supply side--that is the second relatively "new" element. Large oil price increases--a quadrupling between 1972 and 1975 and a doubling in 1979--cause a speed-up in the Consumer Price Index that in turn tends to trigger larger wage increases; the core rate of wage-price inflation is ratcheted up to a higher level. One-shot oil price increases will tend permanently to increase the underlying rate of inflation...

Author: By Compiled SUSAN Chira, Amy B. Mcintosh, and Richard Strasser., S | Title: The Dismal Science? | 1/7/1980 | See Source »

...endowment's $104 million rise in market value followed a $16.9 million drop the previous year. "However, the endowment is up only 8.6 per cent in a year in which the Consumer Price Index increased by 11.3 per cent. You may draw your own conclusions," George Putnam, University treasurer, said last month...

Author: By Scott A. Rosenberg, | Title: University Budget Shows Small Operating Surplus | 1/4/1980 | See Source »

...aspect of rising oil prices, said Okun, is that the recession will only temporarily and modestly constrain inflation. At very best, the rate of price increases will come down to 8%. After the 1974-75 recession, inflation was 5%, which at that time was considered "intolerable, horrible and unacceptable." Indexing, which automatically raises wages and pensions along with the price index, is not a cure but a disease that institutionalizes inflation, added Okun. He estimates that "if all payrolls were indexed instead of the roughly 15% that are now, the consumer price index would have risen more than...

Author: /time Magazine | Title: Business: Now a Middling-Size Downturn | 12/31/1979 | See Source »

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