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...fever of speculation, and expected to get on in the world by the omission of some of the regular processes which have been appointed from of old." What railroad men and land speculators were to the 1870s, investment bankers and risk arbitragers are to the 1980s. Perhaps a , modern-day Thorstein Veblen could explain the eagerness with which moneymen like Boesky vied with one another in acquiring the luxurious trappings of a baronial life-style. But the insider-trading scandal, a grotesque perversion of the Reagan free-market ethos, was perhaps the inevitable consequence of the gospel of wealth...

Author: /time Magazine | Title: What's Wrong | 5/25/1987 | See Source »

...winner is . . . Walter Hill (once a Peckinpah writer) for Extreme Prejudice, which stars Nick Nolte as a modern-day Texas Ranger; Powers Boothe as his old buddy, now a master dope smuggler and chatty amoralist; Maria Conchita Alonso as the woman they both love; and a wild bunch from the CIA or somewhere. Their task is to supply the movie with a little mystery and a lot of obscurantist firepower, enough to drown out conventional logic's objections to a vast silliness...

Author: /time Magazine | Title: Cinema: Blood Ample EXTREME PREJUDICE | 5/4/1987 | See Source »

...pictures of patriotic youth camps in modern-day Moscow...

Author: /time Magazine | Title: Booze, Brawls and Skirt Chasing | 4/13/1987 | See Source »

...opinion piece entitled "Mommie Dearest," Steven Lichtman followed almost all his fellow journalists and ignored one of the most basic questions raised by the issue of surrogate motherhood: Do Americans wants to be pioneers in a modern-day baby business? Slavery, I've always thought, was abolished over 100 years ago. Yet today, our society is contemplating--allowing, for the time being--the legalization of baby-buying...

Author: NO WRITER ATTRIBUTED | Title: Mothers | 4/8/1987 | See Source »

...possess such moral weight? Here an analogy seems appropriate. If the surrogate mother's child cannot legitimately be taken from her by force of contract, what about an artist's creation? Can the work of an artistic genius be sold? Say a wealthy benefactor commissions a statue by some modern-day Michelangelo. In the process of creating a masterpiece, he grows so attached to the work that he cannot bear to part with it. Must...

Author: By Steven Lichtman, | Title: Mommie Dearest: | 4/7/1987 | See Source »

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