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...imports of crude into the U.S. declined by 10% from the week before, and are now running 22% behind the early autumn. Treasury Secretary George Shultz last week said that Middle East troop disengagement (see THE WORLD) would lead to a relaxation of that embargo; but he did not predict when. Saudi officials have declared that they would keep it clamped on until the Israelis agreed to a complete pullback behind 1967 borders. Simon expects that if there is a political solution to the embargo, "there will be compelling reasons to roll the price [of oil] back." Yet even...

Author: /time Magazine | Title: POLICY: No Shortage of Skepticism | 1/28/1974 | See Source »

Properly programmed, the computer can plot the trajectory of a rocket, keep track of a store's inventory, correlate census data and help predict weather more accurately. But can it be trusted to make the kinds of life-and-death decisions that doctors do? The answer may be yes, according to a team of scientists from Massachusetts Institute of Technology and Tufts-New England Medical Center in Boston. The researchers report in the American Journal of Medicine that they have taught a computer to exercise virtually the same clinical judgment that a physician must use in choosing a form...

Author: /time Magazine | Title: Medicine: Prescription By Computer | 1/28/1974 | See Source »

...aggravated alarm to sour skepticism. The nation is being swept by rumors of tankers idling at sea to await higher prices before unloading, of refineries bulging with reserve stocks, of price-gouging from dock to gas pump. Forgetting how much their lives have already changed-who would have dared predict a year ago that 68° thermostat settings and gasless Sundays would so quickly become routine?-many Americans are asking not how the nation has managed to avoid the worst but whether there really is any energy shortage worth worrying about. Growing numbers are voicing suspicion that the whole emergency...

Author: /time Magazine | Title: POLICY: The Whirlwind Confronts the Skeptics | 1/21/1974 | See Source »

...though, is the "winner's bus" attitude. Like bees to honey, journalists flock to a winner; it is both glamorous and exciting to herald the victor's progress. Crouse suggests that this feeling unconsciously prompts reporters to fashion their subject into a winner, to write stories that too exuberantly predict his success. Sometimes they are left in the lurch, like the disillusioned reporters who roseately optimized Muskie's rortune but suddenly discovered that the bus had run aground without warning...

Author: By Philip Weiss, | Title: Baying At the Heels of the Campaign Pack | 1/17/1974 | See Source »

...awesome potential of journalistic influence. Crouse fully realizes the power of the press. He relates several stories like that of a Rowland Evans-Robert Novak piece which "helped kill McGovern in Omaha." There is a self-fulfilling nature to a reporter's prophecies, that they not only predict but determine the people's preference...

Author: By Philip Weiss, | Title: Baying At the Heels of the Campaign Pack | 1/17/1974 | See Source »

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