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...expansion, many people are wondering whether U.S. business has repealed its own law of gravity. One of the hard facts of economic life has been that what goes up eventually comes down, sometimes with a thud. In the classic business "cycle" of ups and downs (see chart), even the post-World War II boom has been interrupted by four disturbing recessions, though they have been growing briefer and shallower. But the current recovery has shown unprecedented staying power, having survived the steel price showdown, a stock market slump, the Cuban missile crisis and the Kennedy assassination. Already it ranks...

Author: /time Magazine | Title: State of Business: What Ever Happened To the Business Cycle? | 6/5/1964 | See Source »

...lets the light of day shine on some ideas new to the insular world of Soviet cinema. Director Grigori Chukhrai, who proved his talent with the sensitive, romanticized Ballad of a Soldier, tells a tale of illicit love-and tells it straight, without prudish apologies, against a background of post-World War II political tyranny. The off-screen villain of the piece is Joseph Stalin...

Author: /time Magazine | Title: Cinema: Love in Stalin's Russia | 12/6/1963 | See Source »

Died. Oskar Helmer, 75, Austrian patriot and former Interior Minister (from 1945 to 1959) a courageous pro-Western Socialist who firmly purged the police and security forces of Communist agents during the post-World War II occupation, thereby helping to avert a Czechoslovakia-style Red takeover of the country; of cancer; in Vienna...

Author: /time Magazine | Title: Milestones: Feb. 22, 1963 | 2/22/1963 | See Source »

...prominent publisher; his mother Constance was the industrious translator who gave a whole generation of English readers the feeling that all the great Russians (Turgenev, Tolstoy, Dostoevsky) wrote in the same curiously flat style. With such parental credentials, "Bunny" Garnett became almost automatically a charter member of the post-World War I Bloomsbury group, which included Aldous Huxley, Virginia Woolf, Lytton Strachey, E. M. Forster. Those earlier friendships he wrote of in the first two volumes of his autobiography-The Golden Echo and Flowers of the Forest. In the present volume he opens, with a necrology-a list...

Author: /time Magazine | Title: Books: The Beautiful Illusion | 2/15/1963 | See Source »

Died. Hans Luther, 83, astute onetime Weimar Republic liberal statesman, a chubby Berliner who as Finance Minister halted chaotic post-World War I inflation and as Chancellor (1925-26) put Germany's signature on the futile peace-seeking Locarno Pact, who agreed in 1933 to serve the Nazis as Ambassador to the U.S., was recalled in 1937 and lived quietly on his Bavarian farm until the Nazis finally fell; in DÜsseldorf...

Author: /time Magazine | Title: Milestones: May 18, 1962 | 5/18/1962 | See Source »

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