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Commission Chairman Michael Pertschuk, who was appointed by Jimmy Carter in 1977, has become the lightning rod of criticism against the FTC. An ebullient, Yale-trained lawyer with a crusader's rapid-fire zeal, Pertschuk has further raised the ire of both congressional leaders and business. Senator Ford accuses him of turning the agency from law enforcement to social planning. Last year a federal judge banned Pertschuk from all involvement in the children's television case, concluding that he had become too biased against the cereal companies. Other critics charged that Pertschuk was an intemperate, excessive regulator...

Author: /time Magazine | Title: Business: Open Season on the FTC | 12/3/1979 | See Source »

Whether they are model drivers or hot-rod hellions, men aged 16 to 24 are usually socked with screechingly high auto insurance premiums. That discrimination could end if an experiment started in Connecticut last week by Motors Insurance Corp. is adopted by other companies. MIC, owned by General Motors, will make highway performance-not age, sex or marital status-its guide to rate setting...

Author: /time Magazine | Title: Business: Premium Parity | 11/26/1979 | See Source »

There are "no serious injuries," Rod Walters, who plays second row, said. "We've had a dislocated shoulder and bone chips but injuries are few and far between," he continued...

Author: By David R. Merner, | Title: Ruggers Undefeated After McGill Bout | 10/29/1979 | See Source »

...carbon. He tried to give the impression that he came up with that idea independently. In fact, says Biographer Conot, his laboratory notebooks prove that he read and underlined reports of the experiments of Joseph Swan in England. Swan had invented an electric bulb that used a fine carbon rod...

Author: /time Magazine | Title: Business: The Quintessential Innovator | 10/22/1979 | See Source »

There were technical differences between the bulbs that, Edison's partisans say, made his superior. For example, Swan's carbon rod was fairly thick, Edison's filament was thin. But a crucial difference was that Swan stopped with inventing the bulb, while Edison took what would now be called a "systems approach"; he saw that the bulb had to be only one of a whole series of inventions. To make it in the first place, he and his assistants had to produce a more complete vacuum than had ever been known before. Then they had to devise...

Author: /time Magazine | Title: Business: The Quintessential Innovator | 10/22/1979 | See Source »

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