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Alan Greenspan, chairman of the Council of Economic Advisers under Gerald Ford, cites another benefit: "Because property taxes are a component of the consumer price index, and because California property taxes are such a large portion of the national total, the proposition will cut the index by .2% in December-say, from an inflation rate...

Author: /time Magazine | Title: Nation: Economists Eye the Impact | 6/26/1978 | See Source »

...month killing spree. But they haven't done much of a service, either: the book reads more like a dime-store cheapie than a presumably classy $10 hardback, and what goes between those hard covers is enough to make you yearn for the good old days, when the Papal Index kept the trash in the barrels and out of the bookstores. Breslin and Schaap offer little more than a Dragnet-style, names-have-been-changed-to-protect-the-innocent-and-save-us-from-a-lawsuit rundown of the murders, with a little sex and some ethnic name-calling thrown...

Author: By Francis J. Connolly, | Title: Making a Killing | 6/26/1978 | See Source »

...high index is not necessarily a bad index," he explains nonchalantly, adding that he sees no improvement in the months ahead. As if to ensure that prophecy, he has instructed officials to dismantle one of France's most entrenched institutions: the system of 30,000 decrees that since 1945 has controlled the price of almost all manufactured goods, from trucks to biscuits. This bombshell, more over, is hitting as the economy is still absorbing the impact of another recent Barre move: increases of up to 20% in the prices of natural gas, electricity, rail tickets and other government-supplied...

Author: /time Magazine | Title: Business: France Bids Adieu to Controls | 6/19/1978 | See Source »

...price of an average hospital stay has jumped from $350 in 1965 to $1,300 today, and it is expected to reach $2,600 in 1983. Hospital costs are increasing at an average annual rate of 13.5%, almost 3% more than the rate of increase in the consumer price index. With every increase HEW's health bills automatically go higher...

Author: /time Magazine | Title: The Beneficent Monster | 6/12/1978 | See Source »

Given the speed with which Oxford anthologies become holy writ, Amis' peculiarities are regrettable. It is impossible, though, to pull a long face at his collection. The poems he assembles are pleasing, instructive and full of laughter. Even the index of first lines is surreally madcap. Take the sad little story told in the first five...

Author: /time Magazine | Title: Books: An Unapologetic Anthology | 6/12/1978 | See Source »

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