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...year that Newton's laws were repealed on Wall Street. What went up never came down--at least not for long. After starting 1985 at 1211.57, the Dow Jones industrial average broke the 1300 barrier in May, smashed 1400 in November and surged to a peak of 1553.10 on Dec. 16 before settling at 1543.00 at the end of last week. The advance was fueled by the billion-dollar money managers who handle the investments of pension funds, insurance companies and bank trust departments. By the end of the year, even the most cautious of these institutional investors were under...

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

...years for Yelena Bonner, wife of Soviet Dissident Andrei Sakharov. Bonner, who was permitted to leave the U.S.S.R. last month for treatment of heart and eye trouble, gathered around the tree with her mother Ruf, son Alexei, daughter Tatiana, their spouses and her three grandchildren. At the celebration in Newton, Mass., where the families live, there were special gifts brought from the homeland, including fine black caviar and vodka. But the day was tempered with sadness. In two months, Bonner must return to Gorky, where Sakharov remains in "internal exile." While her agreement with Soviet authorities prevents her from talking...

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

Edward accurately describes the novel in which he appears. The Good Apprentice is a tour de force of narrative energy. It also includes the provocative remarks ("If Newton hadn't believed in God he would have discovered relativity," or "Psychoanalysis attracts failed artists") that have become a hallmark of Murdoch's dialogue. But in raising expectations that all the frantic activity she describes will finally lead to some sort of understanding, the author finally sets herself up for a fall. A last word of sorts is left to Harry: "No one can avoid muddle." That is probably true. But Murdoch...

Author: /time Magazine | Title: Mirror of Dazzling Chaos THE GOOD APPRENTICE | 6/21/2005 | See Source »

...views of a few participants, you missed the workshops and working sessions, which offered valuable wisdom, training and hope. Your focus on the controversies gives a totally different impression than we had after a more balanced participation in the conference. Craig Van Tuinen, M.D. Carol Rooke Van Tuinen, R.N. Newton Corner, Mass...

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

...famous anecdote, Galileo Galilei clambered to the top of the Leaning Tower of Pisa, simultaneously dropped cannonballs of different sizes and found that they all hit the ground at the same time. He thus convinced the world--and in the years to come, Sir Isaac Newton and Albert Einstein as well--that in a vacuum all objects, regardless of mass, fall at the same speed. Galileo's work went unchallenged until last week, when Purdue University Physics Professor Ephraim Fischbach, three of his graduate students and S.H. Aronson, a physicist at Brookhaven National Laboratory in New York, reported discerning...

Author: /time Magazine | Title: A Fifth Force? | 6/21/2005 | See Source »

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