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Whatever good sense these palliatives make, they would certainly cramp the style of some ultrarich whose money lust is tempered by an engagingly eccentric sense of how to spend their fortunes. Arthur Jones, the gruff, gun- toting inventor of Nautilus sports equipment, is laird of a Florida estate that includes a runway large enough to land his own Boeing 707; it is used, among other things, to fly in wild animals for medical research. One of them, which Jones proudly shows Packard, is a reptilian rarity: the biggest saltwater crocodile in captivity. Nice...

Author: /time Magazine | Title: Books: Buck Passing | 2/13/1989 | See Source »

...icon of the old capitalism was the backyard inventor (as nostalgically recalled in the movie "Tucker"), the undoubted emblem of the new capitalism is the silk-draped Wall Street arbitrageur. The latter schemes to make money from money, rather than making money from a product that would potentially benefit...

Author: By Charles N. W. keckler, | Title: Wanted: A Face to Hate | 1/23/1989 | See Source »

Such cooperative efforts tend to go against the grain in the U.S., where entrepreneurs often view their colleagues as blood rivals. "America has been wickedly competitive within itself," observes Robert Noyce, a co-inventor of the integrated circuit and near legendary figure from Silicon Valley who now heads Sematech. The danger is that by focusing too much on short-term competitive standings, U.S. industry will spend too little time preparing for the future. The most complex technologies require long-term planning and investments, and the payoffs, while potentially enormous, may be long delayed. But U.S. business leaders are showing signs...

Author: /time Magazine | Title: Battle for The Future: The U.S. vs. Japan in Technology | 1/16/1989 | See Source »

...length, 2-in. diameter) calculator that displays the time, the date and, at the push of a button, an up-to-the-second tally of the national debt (programmed to rise by $8,000 a second from a base of $2.35 trillion on Oct. 1, 1987). Says inventor Warren Dennis, a Pasadena, Calif., tinkerer and punster: "Maybe when people see the national debt like this, right in front of them, they'll take an interest in the issue." He promises to donate $1 from each sale of the toy, named Debtman, to a fund to reduce the debt...

Author: /time Magazine | Title: The National Debt At $39.95: | 10/17/1988 | See Source »

...1880s and '90s. Their bodies are radiant, worked almost to a thick crust of pastel matte and blooming with myriad strokes within their tough winding contours. But they are also mechanisms of flesh and bone, all joints, protuberances, hollows, neither "personalities" nor pinups. (One sees why Duchamp, inventor of the mechanical bride, adored and copied Degas...

Author: /time Magazine | Title: Art: Seeing Degas As Never Before | 10/17/1988 | See Source »

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