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...course, not everyone who buys a dwelling in the gilded neighborhoods of Los Angeles means to reduce it to rubble and build from scratch. But even those well-intentioned souls who hope to expand or restore an old house find that remodeling can be much more expensive than wrecking it and starting over. Anyway, in most cases the existing homes bear no resemblance to the sugarplums dancing in many Hollywood heads. Many of the mansions under construction, ornate stone boxes known among architects as "birthday cakes," average roughly 10,000 sq. ft.; the typical American home...

Author: /time Magazine | Title: Living: Million-Dollar Birthday Cakes | 5/1/1989 | See Source »

...civilized." Time bestows value because objects reflect the hours they absorb: the hand-carved table, the handwritten letter, every piece of fine craftsmanship, every grace note. But now we have reached the stage at which not only are the luxuries of time disappearing -- for reading meaty novels, baking from scratch, learning fugues, traveling by sea rather than air, or by foot rather than wheel -- but the necessities of time are also out of reach. Family time. Mealtime. Even mourning time. In 1922 Emily Post instructed that the proper mourning period for a mature widow was three years. Fifty years later...

Author: /time Magazine | Title: Living: How America Has Run Out of Time | 4/24/1989 | See Source »

Frank Lorenzo is not an innovative capitalist crusader. He is a violently anti-union, cynical man who sees the world through green-colored glasses. He wants your $29 to break the backs of 8500 machinists, to eliminate their jobs. He'll scratch your back if you scratch his. Don't touch...

Author: By Mitchell A. Orenstein, | Title: Would You Give This Man $29? | 4/19/1989 | See Source »

...reshaping it to fit the needs of the U.S.S.R. The task is a delicate one, for the future of the Soviet Union -- in some ways, the future of us all -- is at stake. A single crucial slip and the nation's No. 1 sculptor might find himself starting from scratch -- or out of a job. But what Gorbachev has already done can never be undone. What would Lenin think...

Author: /time Magazine | Title: The Union: The New USSR | 4/10/1989 | See Source »

Japan originally wanted to build its own fighter from scratch but eventually agreed to a deal in which the U.S. would share more of the F-16 fighter jet's aviation and military secrets than it had before with any of its allies. In return, the U.S. would acquire some Japanese developments in radar-absorbing, or Stealth, materials that would be used in the plane's wings and fuselage. General Dynamics, which first developed the F-16 in 1972, would design and build 35% to 40% of the FSX prototype. Later, U.S. contractors would expect a 30% share...

Author: /time Magazine | Title: A Deal That Nearly Came Undone | 3/27/1989 | See Source »

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