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...University of Colorado, from which he holds degrees in both finance and law. He grew interested in economics, he says, "by brooding about the absurdity of the Depression." While stationed in the Canal Zone as a Navy intelligence officer during World War II, he wrote a 600-page manuscript pro pounding his views. It lay in a closet for 15 years, until Philosopher Mortimer Adler, intrigued by a conversation with Kelso, asked to read it. Adler was so fascinated that he collaborated with Kelso on The Capitalist Manifesto, published in 1958; it has since sold 50,000 copies. To further...

Author: /time Magazine | Title: The Man Who Would Make Everybody Richer | 6/29/1970 | See Source »

...takes up antisubmarine duties in Cuba during World War II. The novel, Islands in the Stream, should have a start on this fall's bestseller list. It was written by that old man of the sea Ernest Hemingway. After months of poring over the 20-year-old manuscript, Papa's widow Mary asserts that it is "as good as anything he has ever written...

Author: /time Magazine | Title: People: May 11, 1970 | 5/11/1970 | See Source »

Outraged. The true identity of Professor X is jealously guarded by the distinguished historian Daniel J. Boorstin (The Americans: The National Experience), who contributed an introduction to the book and saw it through into print. The manuscript reached his attention, Boorstin says, after it was mailed to a charitable foundation whose millions he helps disburse. Along with it came Professor X's appeal for a grant of $3,420 to finance a feasibility study. Other foundation officers were outraged at the modesty of X's request, observing that it would cost more than that-$4,500 -merely...

Author: /time Magazine | Title: Behavior: Rx for Democracy | 4/13/1970 | See Source »

...from now there will probably be a hundred billion people the way we multiply. And every one of these hundred billion people will need a topic for a Ph.D. And you can imagine what they will do to Yiddish. They will bring up every book-good or bad every manuscript, and write dissertations about it." Singer belives the Jews will remember Yiddish. "Jewish people suffer from all kinds of sicknesses," he said. "But amnesia is not one of them. Our trouble is that we remember too much...

Author: By Paul G. Kleinman, | Title: Talking with Isaac Bashevis Singer | 4/9/1970 | See Source »

...strike brought welcome relief from business pressures. "It's wonderful not to receive any mail," said an editor employed by a New York publishing firm. "For the first time in years, I've been able to clear my desk." Critic Dwight Macdonald lamented a missing check and a manuscript stalled somewhere in the pipeline, but he concluded: "It's really rather nice not getting any mail, particularly all the mail I get soliciting for various causes...

Author: /time Magazine | Title: Nation: THE STRIKE THAT STUNNED THE COUNTRY | 3/30/1970 | See Source »

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