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...government that maintained its legitimacy only as long as the assembly lines were pouring out increasing numbers of cars, clothes and automatic dishwashers, the French economy has grown an average of 5 to 6 per cent annually. In 1973, the Hudson Institute predicted France would come to possess the most powerful economy in Western Europe...

Author: By J. WYATT Emmerich, | Title: Revolution or Reform? | 2/23/1978 | See Source »

Dartmouth College President John G. Kemeny, an eminent mathematician, envisions great benefits from the computer, but in his worst-case imaginings he sees a government that would possess one immense, interconnecting computer system: Big Brother. The alternative is obviously to isolate government computers from one another, to decentralize them, to prevent them from possibly becoming dictatorial. But that would require considerable foresight, sophistication?and possibly a tough new variety of civil rights legislation...

Author: /time Magazine | Title: The Age of Miracle Chips | 2/20/1978 | See Source »

...story structures, pastel, neo-Spanish, neo-20th Century-Fox. Even the ficus trees lining the street seem to be part of a grand design by Potemkin. Still, the veteran spendthrift arriving on Rodeo Drive has a sense of déjà vu. No, the street does not possess the discreet elegance of Paris' Rue du Faubourg-St.-Honoré, the stylishness of Rome's Via Condotti or the hustling excitement of Manhattan's Fifth Avenue. But the very rich find most of the store names cozy and familiar: Courrèges, Fred Joaillier, Gucci, Hermes. Bally, Céline, Ted Lapidus, Bilari, Nazareno Gabrielli...

Author: /time Magazine | Title: Business: Street off Big Spenders | 2/13/1978 | See Source »

Jack was still favoring his bad leg, and he did not possess his usual speed and ability to shift, but his strength and intelligence on the ice were awesomely apparent...

Author: By Fritz Mcloughlin, | Title: Jack & Co. Do a Number on N.U. | 2/7/1978 | See Source »

...most productive wells, notably the huge Samotlor field and those along the Urals (see map), would soon be drying up. Thus, concluded the CIA, the Soviets will become net importers of oil by the mid-1980s. Reason: they are pumping too much too fast and do not possess the technology needed to bring in new wells in the forbidding climes of the Arctic Circle and Bering Sea. Says Energy Secretary James Schlesinger: "If anything, the CIA report was optimistic...

Author: /time Magazine | Title: ENERGY: Crucial Role for Red Oil | 2/6/1978 | See Source »

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