Word: settings
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Dates: during 1980-1989
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...Dukakis does not set up a meeting by May 1, the city will file a lawsuit against the commonwealth, according to an order passed last night...
...Rawl promised that his company not only will pay all direct cleanup costs but "also will meet our obligations to all those who have suffered damage from the spill." Under federal law, the company must pay the first $14 million in cleanup costs, then can tap a fund set up by the Trans-Alaska Pipeline Act for an additional $86 million...
Almost 20 years earlier, at the start of the Brezhnev era of economic stagnation and recurring rounds of repression, I was assigned to TIME's Moscow bureau. I took up residence with my family in an apartment block reserved for foreigners and set out to cover what was, despite the depressing realities of Soviet life, a fascinating story. Then, on a May morning in 1970, I received a phone call from an official in the Soviet Foreign Ministry. "Your work here is finished," he said. There were no accusations, no explanations, just "Your work here is finished," and a departure...
...primary obstacle for managers trying to balance their books is their inability to set prices. By dictating everything from salaries to the price of finished goods, Moscow planners rob factories of any incentive to hold down costs or make a profit. For example, the prices of labor and raw materials are kept so artificially low that factory managers live in a financial fantasy land. "Right now factory managers don't know when they're doing a good job. They can say they're profitable even though they're selling tractors for $2,000 when they should be selling them...
...equipment. The government recognizes this, but has gone about fixing the problem in its old-fashioned way of calling all the shots from Moscow. For example, the government has ordered far more computers than factories can produce without sacrificing strict quality standards, instead of allowing the plants to set their own targets. Western economists think Moscow should give individual managers more discretion to experiment with new technologies and independent research. Says Philip Hanson, a Soviet-economics specialist at Britain's University of Birmingham: "The fundamental role of the market in weeding out unsuccessful technological processes and forcing firms to innovate...