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For three weeks the White House struggled to develop a plan that would restore the public's confidence that the Government could bring the economy under control. It summoned business leaders and representatives of civic groups from all over the country, consulted daily with ever widening circles of influential...

Author: /time Magazine | Title: Jimmy Carter vs. Inflation | 3/24/1980 | See Source »

The true danger of any inflation, especially hyperinflation, is that it will ultimately destroy the sinews of society: when money loses its value, the wise spend and speculate, while only fools save and invest. The public turns cynical about government, and everything, especially work, appears meaningless. Describing the impact of...

Author: /time Magazine | Title: Business: Hyping the Inflation Rate | 3/10/1980 | See Source »

The whirlwind tour had become urgently necessary in the wake of the French refusal to take part in a five-nation parley with the U.S., originally scheduled for last week in Bonn. Deeply concerned about French President Valery Giscard d'Estaing's coolness to U.S. diplomatic initiatives, Washington...

Author: /time Magazine | Title: DIPLOMACY: Restoring a Sense of Cohesion | 3/3/1980 | See Source »

Lloyd said "an awful lot of people" do not seek medical aid for impotence because they do not want to undergo lengthy psychotherapy. However, physicians can detect hormonal abnormalities through blood tests and restore full potency through medical treatment of hormonal imbalances, the study concludes.

Author: By Michael G. Harpe, | Title: Study Shows New Cause of Impotence | 2/19/1980 | See Source »

Economic Reform. The group proposes the creation of a new international financial institution where the poor countries would have a stronger voice in bankrolling further development. Brandt calls for the establishment of an international tax, perhaps on trade or arms shipments, with the proceeds going to the poorer nations. The...

Author: /time Magazine | Title: Business: Brandt Sounds the Tocsin | 2/18/1980 | See Source »

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