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...part of its power by appealing to human weaknesses. The habit of viewing it does not encourage reflection or contemplation. The eye is trained to crave novelty, while the brain rests or slumbers. Political debate, which during my last visit seemed a passion and a recreation among Americans, has shrunk to brief bursts of pleasant images. And television's ascent has coincided with a measurable decline in the ability of young people to read. Democracy cannot function without an informed citizenry. The paradox of television in forwarding such a goal seems clear: barring extraordinary circumstances, it can best summon...

Author: /time Magazine | Title: Essay: Another Look At Democracy in America | 6/16/1986 | See Source »

While fighting off lawsuits from the outside, accountants are also facing increasingly intense competition within their industry. Reason: merger mania has shrunk the pool of potential clients for major accounting firms. As a result, the genteel rules that once governed C.P.A. competition have gone by the boards. Says Jerome Lipman, head of his own Chicago accounting firm: "In the past, the theory was that if you had your green eyeshade on and worked at your desk, you'd get more business. That's not true anymore. You have to aggressively go after it now." Client stealing has become more common...

Author: /time Magazine | Title: All Eyes on Accountants | 4/21/1986 | See Source »

...financial crunch has depleted the once proud merchant marines of Western countries. Britain's fleet has shrunk in a decade from more than 1,600 ships to just 614. One reason is the country's high labor costs. A British crew for a bulk carrier costs an estimated $1.5 million a year, vs. only $550,000 for Korean sailors or $275,000 for Chinese...

Author: /time Magazine | Title: Sailing Off the Deep End & | 3/3/1986 | See Source »

Harvard's early applicant pool grew to a record high of nearly 12 percent with 2011 prospective members of the Class of 1990 sending applications to Byerly Hall before November 15. Brown's early applicant pool shrunk from 2000 to 1749, according to the Herald report...

Author: NO WRITER ATTRIBUTED | Title: Harvard Outdistances Brown As Early Applications Leader | 12/7/1985 | See Source »

...coziness, with a dash of style and a bit of fun. Charles will need those qualities as King. His small-is-beautiful philosophy should come in handy as well, for Charles and Diana will be King and Queen not of imperial Britain but of a realm that has almost shrunk to the proportions of Shakespeare's sceptered isle...

Author: /time Magazine | Title: A Prince and His Princess Arrive: Charles and Di | 11/11/1985 | See Source »

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