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...steel crisis is a textbook case of mismanaging the decline of a capital-intensive industry. For much of the 1980s, the Commission dictated steel production quotas that kept prices high but also emerged as "a great machine for slowing down the exit of the high- cost producers," says Jonathan Aylen, a senior lecturer at the University of Salford in Britain. Under steel's curious economics, it is sometimes cheaper to keep a plant running unprofitably than to close it completely. In a total shutdown, the company must write off the entire value of the factory, make heavy outlays to dismissed...

Author: /time Magazine | Title: Grinding Down Steel | 11/29/1993 | See Source »

Such prudence may be well advised. Freud was not the first to postulate the unconscious; the concept has a long intellectual ancestry. Nor did Freud ever prove, in empirical terms that scientists would accept, the existence of the unconscious. But Jonathan Winson, professor emeritus of neurosciences at Rockefeller University in New York City, who has done extensive research on the physiology of sleep and dreams, now claims Freud's intuition of its existence was correct, even if his conclusions were off the mark: "He's right that there is a coherent psychological structure beneath the level of the conscious. That...

Author: /time Magazine | Title: The Assault on Freud | 11/29/1993 | See Source »

CORRESPONDENTS: Joelle Attinger (Chief), Paul A. Witteman (Deputy), Suzanne Davis (Deputy, Administration); Chief Political Correspondent: Michael Kramer Washington Contributing Editors: Stanley W. Cloud, Hugh Sidey Senior Correspondents: David Aikman, Jonathan Beaty, Sandra Burton, Barry Hillenbrand, J. Madeleine Nash, Bruce van Voorst, Jack E. White...

Author: /time Magazine | Title: Time International Masthead | 11/29/1993 | See Source »

CORRESPONDENTS: Joelle Attinger (Chief), Paul A. Witteman (Deputy), Suzanne Davis (Deputy, Administration); Chief Political Correspondent: Michael Kramer Washington Contributing Editors: Stanley W. Cloud, Hugh Sidey Senior Correspondents: David Aikman, Jonathan Beaty, Sandra Burton, Barry Hillenbrand, J. Madeleine Nash, Bruce van Voorst, Jack E. White

Author: /time Magazine | Title: Time Magazine Masthead | 11/29/1993 | See Source »

...decision was made in a response to a recommendation of the Council's Economic and Training Committee, headed by councillors Alice K. Wolf and Jonathan S. Myers...

Author: By Sarah E. Scrogin, | Title: City Council Forms Employment Office | 11/23/1993 | See Source »

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