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...Specifically, some students criticize the Department of Economics for focusing too much on neoclassical theories--those that argue interactions in the free market best set prices and wages. According to neoclassical theory, individual decisions about what to buy, who to work for and where to live are paramount to the study of economics...

Author: By Zachary R. Mider and Daniel P. Mosteller, CRIMSON STAFF WRITERSS | Title: Curricula Wars: Are We Learning The Rest of the Story? | 2/2/2000 | See Source »

...idea turned out to be right. Overnight, HBO went from cash incinerator to cash machine. The movie channel became a dominant force in the entertainment business, leading a young Paramount executive named Barry Diller to moan in 1983 that "if HBO and Time Inc. go unchecked, the motion-picture industry will be under total control of one company in less than five years." But even more important, it showed that consumers were willing to pay to subscribe for something that had always been given away free. Around the nation, small cable operators raced to copy Levin's idea. In Atlanta...

Author: /time Magazine | Title: AOL-Time Warner Merger: A Two-Man Network | 1/24/2000 | See Source »

...century that will be remembered foremost for its science and technology--in particular for our ability to understand and then harness the forces of the atom and the universe--one person stands out as both the greatest mind and paramount icon of our age: the kindly, absentminded professor whose wild halo of hair, piercing eyes, engaging humanity and extraordinary brilliance made his face a symbol and his name a synonym for genius: Albert Einstein...

Author: /time Magazine | Title: Who Mattered And Why | 12/31/1999 | See Source »

...really. Political boundaries have not defined economic relationships on this continent for decades, and the Michigan-Ontario relationship is the paramount case in point. Since the Canada-U.S. auto pact was signed in 1965, the two places have been economically intertwined. Last year two-way trade between Ontario and Michigan amounted to an astonishing $52 billion, much of it related to the automotive industry. The so-called automotive alley of assembly plants and partsmakers that stretches from Toronto and London, Ont., to Detroit is one of the world auto industry's most productive centers. But autos are nothing like...

Author: /time Magazine | Title: The Ties That Really Bind | 11/29/1999 | See Source »

...behind the deal, the White House may be counting on pressure from the GOP's donors to spur the Republican leadership to rein in legislators opposed to the deal. That won't be easy in a year in which the concerns of the folks back in the district are paramount in the minds of congressmen...

Author: /time Magazine | Title: Bill and Jiang's Great Leap Forward | 11/15/1999 | See Source »

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