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...regulate the economy effectively. If the Government is sensible, it will always use both." As a decade of prosperity, inflation and recession has demonstrated, changes in taxes and Government spending are difficult to arrange but quick to act on the economy. By contrast, money policies can be changed overnight, but their effect is long delayed...

Author: /time Magazine | Title: Business: Milton Friedman: An Oracle Besieged | 2/1/1971 | See Source »

...Conrad Taeuber, is "changing standards and habits," not excess people. While the U.S. population rose 13% in the 1960s, for example, national consumption of goods and services jumped 60%, thus loading the landscape with more and more beer cans, junked autos and other garbage. Even if "Z.P.G." were achieved overnight, said Taeuber, the U.S. population would not stabilize until the year 2037. Not only would such a freeze produce an older nation, he added, but "the age at which a person is no longer to be trusted would have to move up to 40 rather than...

Author: /time Magazine | Title: Environment: Week's Watch | 1/25/1971 | See Source »

Reserve books will now be available for overnight circulation after 8 p.m. instead of the 9 p.m. deadline in the past. Lamont will still be open for studying and research until midnight...

Author: NO WRITER ATTRIBUTED | Title: Budget Cuts Hit Lamont Services; Reserve Desk Will Shorten Hours | 1/22/1971 | See Source »

...largely from young couples and families?Love Story grossed more than any film in history: $2,463,916. It has only begun to bring in the money, but it has already altered the "new" Hollywood beyond ready recognition. The place where executives put away their cigars and grew sideburns overnight, the industry that was welcoming kids from U.C.L.A. with a Bolex and a two-page outline?suddenly, it is in show business again. Says Evans: "At Paramount we learned a long, four-year, expensive lesson. From now on we make our kind of pictures. No directors who have final...

Author: /time Magazine | Title: Show Business: Ali MacGraw: A Return to Basics | 1/11/1971 | See Source »

...explanation for the team's failure to jell is its attitude, according to head coach Bob Harrison. "We don't have a championship attitude on this squad." he said. But attitude can change overnight, and if it does, Harvard has the material to stay in the game...

Author: By Jonathan P. Carlson, | Title: Crimson Basketball Squad Meets Undefeated Quakers | 1/7/1971 | See Source »

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