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Personal antagonism, particularly between Allen and Secretary of State Alexander Haig, was only part of the trouble. In making good on his campaign pledge to reduce the importance of the National Security Adviser, Reagan went too far. The job is basically one of information manager, with the adviser and his...

Author: /time Magazine | Title: Allen Exit | 1/11/1982 | See Source »

Some taxpayers can get a break by giving charitable donations before the end of the year. A person in the 70% bracket can save an extra $200 on his 1981 taxes for every $1,000 in charitable contributions made in 1981 instead of in 1982, when the top marginal income...

Author: /time Magazine | Title: Beating the IRS | 12/14/1981 | See Source »

Despite this unabashed praise from the czars of Harvard athletics, however, there has been a steady decline in the number of managers over the last decade. Some sports--like football, basketball, and swimming--have had at least marginal success recruiting managers, but almost half of Harvard's intercollegiate teams--including...

Author: NO WRITER ATTRIBUTED | Title: Managers: Unnoticed And Indispensable | 12/5/1981 | See Source »

Sommers used an econometric model to measure the "marginal revenue product" of the players. He fed such facts as the players' on-field performance plus the attendance at home games and the number of hot dogs sold at the ballpark into a computer that measured costs against income. The...

Author: /time Magazine | Title: Dividends: Computer Games | 11/30/1981 | See Source »

This tough action was probably the only thing that saved the company. Says Nevin: "In the first year I had the image of a hatchet man. It was a damned unpleasant way to make a living." Production of so-called private-label tires, those sold at service stations under oil...

Author: /time Magazine | Title: Rolling Again | 11/23/1981 | See Source »

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