Word: oversaw
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...monitor hundreds of thousands of wage and price decisions. Moreover, past experience with controls, including the wage-price freeze imposed by President Nixon in 1971, shows that inflation returns once the restrictions are lifted. Says Economist Clifford Hardin, who was a member of the Cost of Living Council that oversaw Nixon's freeze: "Wage and price controls can't work. They are self-defeating...
Whether the precariously isolated army could hang on to power that long was another question. The situation, in the words of a Latin American expert in Washington, was "extremely unstable." President-designate Bignone was not linked with Galtieri's government. A former infantry commander who oversaw Argentina's top military academies in 1980 and 1981, Bignone was shunted aside when Galtieri seized power last December. Bignone is touted as a dialoguista, meaning that he favors the opening of discussions with Argentina's 14 suspended political parties. But behind the new President stood Major General Nicolaides...
...this week's complex picture of a troubled political system in the heat of a budget crisis, TIME focused on Congress and Senate Majority Leader Howard Baker. To flesh out the picture, our Washington Bureau filed thousands of words to New York, where National Editor John Elson oversaw the project. Senior Writer Ed Magnuson handled the main story on Congress, and Associate Editor Walter Isaacson the portrait of Baker. Senior Congressional Correspondent Neil MacNeil, who has been covering the House and Senate for 33 years, and Correspondent Evan Thomas, who began his assignment on the Hill just last October...
...oversaw the adaptation of Soviet propaganda to the exigencies both of the moment and of history, as he played an instrumental role in the direction of foreign policy through the Cold War years. Of his many legacies, his role in the purges of the 1930s and 40s may remain unchallenged as the greatest. Under his direction, forced collectivization of land saw millions of people murdered throughout the Russian countryside, all for the creation of a centralized, military, industrial state and the dream of Communism in Russia. Whether he remains forgiven is the question to ask. The Times article described...
DIED. Arthur Keylor, 61, former vice president in charge of Time Inc.'s magazine group; of a heart attack; in Manchester, Vt. An associate publisher of LIFE and publisher of FORTUNE, Keylor took over the magazine group in 1972 and oversaw a tripling of magazine revenues to $1 billion. He presided over FORTUNE's switch from a monthly to a biweekly, the rebirth of LIFE as a monthly in 1978 and the launchings of PEOPLE (1974) and DISCOVER...