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...criticisms of Soviet economic performance. "You squander countless resources in every industry," he told party workers in Leningrad last May. But so far he has been unwilling to modify in any essential way the system of centralized state control of every aspect of economic life fashioned by Joseph Stalin; he has been trying only to make it work better. While promising to "restructure" the economy, Gorbachev pointedly avoids using the word reform, apparently because it implies a more drastic change than any he is ready to contemplate...

Author: /time Magazine | Title: China: Old Wounds Deng Xiaoping | 6/21/2005 | See Source »

...market has been in no mood to listen to words of caution, even from well-known seers like Joseph Granville. When Granville issued his famous "sell everything" recommendation on Jan. 6, 1981, the Dow dropped 23.8 points in a single day. This year Granville issued The Warning, a book predicting a stock-market crash comparable to the disaster of 1929. Since the book appeared in September, the Dow has climbed 222 points. --By Charles P. Alexander. Reported by Raji Samghabadi/New York

Author: /time Magazine | Title: Bubbly Times for Bulls | 6/21/2005 | See Source »

...quoted Chancellor Joseph Murphy of the City University of New York as saying A.I.A. "was recruiting students 'as a corps of thought police.'" A.I.A. has recruited no students. Thanks to widespread publicity, it has become known that A.I.A. will investigate student complaints of inaccurate instructional material and unfair practices on campuses...

Author: /time Magazine | Title: Letters: Jan. 13, 1986 | 6/21/2005 | See Source »

...early to tell, but he certainly will not lack for competition. The 1988 race will be the first in 20 years in which no incumbent President will be running, and so it could be wide open in both parties. On the Democratic side, New York Governor Mario Cuomo, Senators Joseph Biden of Delaware, Bill Bradley of New Jersey and Dale Bumpers of Arkansas, Missouri Congressman Richard Gephardt and former Virginia Governor Charles Robb are all potential rivals. None can yet match Hart's name recognition, but for that very reason any of them could become what Hart...

Author: /time Magazine | Title: Nation: In Front, but for How Long? | 6/21/2005 | See Source »

People Will Talk is shot through with the author's quirky preferences and prejudices. He finds that Director Joseph Mankiewicz often "knows more than we do and he's not going to tell us, and I don't like being talked down to." Yet he has enormous enthusiasm for Joan Crawford's "great talent." Appropriately enough, it is these quirky standards that make all 43 testimonies alternately entertaining, poignant and, in the end, indispensable...

Author: /time Magazine | Title: Books: PEOPLE WILL TALK | 6/21/2005 | See Source »

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