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...steps by itself will cure inflation, but in combination they should have a strong, long-term impact. Even then, something more will be needed. Inflation is a matter of psychology as well as Government action or inaction, and runaway price boosts have a devastating tendency to produce a sauve-qui-peut mood in which everyone tries to stay one jump ahead of the crowd. Says Swiss Banker Alfred Schaefer: "A successful fight against inflation implies, first of all, a change of mentality in all layers of the population. It is essential to reaffirm the value of the principle of return...

Author: /time Magazine | Title: INFLATION: Seeking Antidotes to a Global Plague | 4/8/1974 | See Source »

...last opera Bellini wrote before he died in 1835 at age 33. Its graceful and ornate vocal writing actually suits Sills' light voice better than Donizetti's heavyweight scores. This is music to float jewels on. Sills' succession of bravura displays in the mad scene ("Qui la voce sua soave ") is like a string of emeralds, each deeper and more lustrous in color. She enters from a high rear balcony, floats dreamily down a long ramp, chats nuttily with her father ("Who are you?"), begs for her lover's return, then collapses in a twirl...

Author: /time Magazine | Title: Music: Besting Bellini | 3/4/1974 | See Source »

...seawall, now totally black and foggy. A dark black shape moved in the darkness against the wall. "Francois?" But it was an old man, perhaps from the next town, on his way home by the shortest route. "Pardonnez-moi, monsieur, avez-vous vu un petit homme bossu qui courait... have you seen a little hunchback running along the wall?" The man stumbled back into the dark, changing his path a little--"Non, non, non..." --and vanished...

Author: By Amanda Bennett, | Title: Bombs and Le Bon Dieu | 2/16/1974 | See Source »

...sniping at the Bonn government for not providing enough money for a regional fund to aid depressed areas like Scotland; the Germans are angry with the French for floating the franc and thus trying to underprice German exports; the Dutch are still seething over Britain's sauve qui peut attitude during the oil crisis; the French continue to deal with the Community in the same haughty way that they dealt with their colonies in the 19th century...

Author: /time Magazine | Title: EUROPE: By Disunity Possessed | 2/11/1974 | See Source »

LAST BOOKS READ: The Zap Comic version of War in the Pasture: La Vache Qui Rit meets Elsie. Deep Throated Guernsey. The I Hate to Cook Cookbook, and the New Hampshire Farmers Guide to Better Milk Production in Holsteins...

Author: By M. DEACON Dake, | Title: Dake It or Leave It | 10/28/1972 | See Source »

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