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...hasn't quite worked out that way. The East European nations have received more pain than gain. Critics say they lacked essential preconditions to make such an overnight change successful. There was, and is, no well- developed banking system capable of siphoning capital and credit to entrepreneurs opening private businesses or to state combines suddenly shorn of their subsidies. No country has been able to figure out a rapid way to convert state businesses to private ownership. "It is absolutely wrong to come in here with textbook notions of economics," says Werner Varga, an economist with Creditanstalt, a large Austrian...

Author: /time Magazine | Title: Eastern Europe: The Shock of Reform | 2/17/1992 | See Source »

February 4: A laptop computer that was left overnight in Baker Library was missing when the owner returned the following morning. Value...

Author: NO WRITER ATTRIBUTED | Title: Harvard University Police Log | 2/13/1992 | See Source »

...history of odd characters who become overnight celebrities: Buckwheat, Ed Grimley, Jon Lovitz's compulsive liar, the Samurai Butcher, to name...

Author: NO WRITER ATTRIBUTED | Title: The Man of 1,000 Faces | 2/13/1992 | See Source »

Despite the longshot odds of being able to organize a grass roots campaign overnight, Ganz says, "I decided to give it a shot...

Author: By Stephen E. Frank, | Title: A 48-Year-Old Senior | 2/8/1992 | See Source »

Militant Israelis have also adopted provocative tactics. In October settlers moved overnight into Silwan, a strictly Arab neighborhood in East Jerusalem, and occupied several houses. Accounts vary as to how many Arabs they evicted. The settlers' activities were temporarily restrained by an Israeli court, but in December they returned with the government's sanction. One Arab family now unhappily shares its home with settlers...

Author: /time Magazine | Title: Middle East: Seething over Settlements | 2/3/1992 | See Source »

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