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Building on its own past, science climbs in an ever steepening curve. For every Newton or Galileo or Einstein, with their intuitive explosions of individual genius, there follow hundreds of other scientists, probing and proving and progressing. Such is the soar of the scientific exponential curve (see diagram) that, it has been said, almost 90% of all the scientists that the world has ever produced are alive today...

Author: /time Magazine | Title: Man of the Year: Men of the Year: U.S. Scientists | 1/2/1961 | See Source »

...seasonal fixture ever since. Last week another Christmas opera, Golden Child, was displayed on NBC's Hallmark Hall of Fame. Composed by Philip Bezanson with a libretto by Paul Engle, the new work sounded a lot like Menotti gone western-and gone weak. The music kept attempting to soar melodically, but kept being dashed to the ground again by its own heaviness. Still, the score had its stirring, lyrical moments, and Golden Child deserved credit at least for trying to be a serious addition to American opera, to TV and to the season...

Author: /time Magazine | Title: Music: Hope Opera | 12/26/1960 | See Source »

Those lucky investors who years ago put $20,000 into International Business Machines, or a similar growth stock, and have seen it soar to $500,000 today, do have some problems. How can they get their eggs out of the one big basket, spreading the risk by putting their money into a number of stocks, without paying the 25% federal capital-gains tax? To help investors out of this gilt-edged dilemma, two young Denver bankers, Ranald H. Macdonald, 36, and William M. B. Berger, 35, launched a new mutual fund that permits diversification without selling and paying taxes...

Author: /time Magazine | Title: INVESTMENT: Capital-Gains Stall | 12/5/1960 | See Source »

...Costs are often set unrealistically low to win cost-plus contracts. When the costs later soar, the Air Force is stuck paying them, plus a fixed profit...

Author: /time Magazine | Title: GOVERNMENT: Assault on Costs | 11/21/1960 | See Source »

...showing the impact of the smaller profit on compact cars. Although the number of cars sold this year was up 4.9%, earnings in the first nine months were $5.76 a share v. $6.19 last year. The third-quarter profit rate was better, indicating that as the sales of compacts soar, the profit improves...

Author: /time Magazine | Title: Time Clock, Oct. 31, 1960 | 10/31/1960 | See Source »

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