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Informed observers look for OPEC's jury-rigged price and production arrangement to survive the winter, when oil demand will be at a peak. The crunch is likely to come in the spring, when homes and workplaces turn down their thermostats as the heating season ends...

Author: /time Magazine | Title: The Cartel Is Losing Its Clout | 1/3/1983 | See Source »

...stocks, sales for the industry are still robust. Video games have been among the bestselling items this season in the face of generally flabby retail sales. Says Leisure Industries Analyst David Londoner of Wall Street's Wertheim & Co.: "We don't think the market for cartridges will peak until 1984 or 1985." But Londoner adds, "I don't think the stock market will continue to be enraptured by video games." While millions of Americans will still be looking for a Donkey Kong or Frogger game under their trees this Christmas, investors have already started the search...

Author: /time Magazine | Title: Pac-Man Finally Meets His Match | 12/20/1982 | See Source »

...third work, Ben's Dream (Houghton Mifflin; $8.95), the pictorial style far outdistances the story. Ben falls asleep and abruptly finds himself awash in a second flood. Only the tops of things show: the head and shoulders of the Statue of Liberty, the tip of Big Ben, the peak of Mount Rushmore, where the bust of George Washington finally wakes the boy up. Reading this dream is a little like watching a musical and whistling the scenery. Van Allsburg's narrative is a device worn with overuse. But the drawings are the stuff of collectors'items: representations...

Author: /time Magazine | Title: Books: A Short Shelf of Tall Tales | 12/20/1982 | See Source »

ROTHMAN AND LICHTER gamely confront the historiographical school which catalogues the New Left as merely the peak of some relentless sine curve on a cycle of generational conflict or reformist sentiment. The authors emphasize the restraints on radicalism in America, invoking historian Louis Hartz's conception of a culture which assumes liberalism as a civic religion from the outset. Struggling against the strong currents of moderation, the New Left formulated a coherent criticism of the very premises of the nation's liberal tradition; it thus attracted a massive following of skeptics where earlier 20th century movements on the Left never...

Author: NO WRITER ATTRIBUTED | Title: The Roots of Rage | 12/3/1982 | See Source »

...Rothman and Lichter note in passing, the group put its theory to work in the form of community organizing squads dispatched to galvanize the urban poor. The Economic Research and Action Project (ERAP) sponsored outposts in as many as 10 major cities at its peak and, with its hundreds of volunteers, dominated the SDS agenda through the summer...

Author: NO WRITER ATTRIBUTED | Title: The Roots of Rage | 12/3/1982 | See Source »

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