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...inflation brings gross social change, not everybody will be hurt. Deak calculates that people who possess resources will do well. Farmers will flourish-unless Government steps in to regulate their income. His vested interests move Deak to believe that gold holders will prosper, because he expects the barbarous metal to rise and rise. The Arabs, he notes, are pushing up the price by putting so much of their new wealth in gold. He is less enthusiastic about big gold coins than small ones, which are easier to barter in a pinch. He thinks that silver has even more potential...

Author: /time Magazine | Title: Executive View by Marshall Loeb: The Gnome of Wall Street | 8/28/1978 | See Source »

...prospect of being exposed to the full force of a competitive marketplace. "What I suspect is that there is a search for another security blanket now that the CAB security blanket is being removed," he says. Rather than harming the airlines, Kahn contends, deregulation will help many of them prosper. "We are making every carrier in this country a potential competitor of the other carriers by saying if you want to enter a market, we will do everything we can to let you enter that market...

Author: /time Magazine | Title: Flying the Crowded Skies | 8/14/1978 | See Source »

...small airlines undoubtedly would prosper by moving into profitable niches overlooked by the bigger carriers. Southwest, a small regional carrier, has applied for routes to Chicago with a regular fare 50% below that of the major airlines, and it could perhaps make a marginal profit on that heavily traveled run. Freddie Laker is the perfect example of a small operator who chose a lucrative route and cut rates to fill his planes beyond the break-even point. But Laker incurs none of the costs of providing service to small communities that could not fill up his planes...

Author: /time Magazine | Title: Flying the Crowded Skies | 8/14/1978 | See Source »

...seven years, and FORTUNE judged him "a whiz" at managing Textron's pension funds. In early 1974 he took management of those funds away from banks and shifted most of their assets from stocks into bonds. The move was well timed and caused Textron's pension funds to prosper far more than funds generally from then...

Author: /time Magazine | Title: Inflation: Attacking Public Enemy No.1 | 7/17/1978 | See Source »

...David Kahn, author of the highly regarded study of cryptology, The Codebreakers, compellingly proves, espionage is the realistic assessment of possibilities; and Hitler, in whom all power centered, was a charismatic leader, not a realist. Like sharks, such leaders prosper only when they move constantly forward. To stand still, basking in certainty, is to drown...

Author: /time Magazine | Title: Books: Summer Reading | 7/10/1978 | See Source »

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