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Diminishing Returns. What the Soviet Union faces is a period of diminishing returns that other industrial nations have usually experienced after a major growth spurt. Many of the Soviets' methods and machines were pirated straight from the West, and they sparked the spurt; now they are aging, and the rate of growth is bound to go down. Furthermore, in the days of breakneck drive for growth in the '20s and '30s, writes Nove, "Iron ore or coal mines were 'creamed,' the best and most easily accessible mineral being taken as quickly as possible. The virgin...

Author: /time Magazine | Title: Business: Slowdown for the Soviets | 10/12/1959 | See Source »

Blue Cross, the U.S.'s best-known hospital insurance plan, desperately needs a shot in the arm to give it a nationwide growth spurt. And unless the shot is administered soon, Government control of all U.S. hospitals is only a matter of time. These were the blunt alternatives presented to the American Hospital Association in Manhattan last week by John R. Mannix, executive vice president of the Blue Cross of Northeast Ohio...

Author: /time Magazine | Title: Medicine: Prescription for Blue Cross | 9/7/1959 | See Source »

Many stocks, including some electronics, regained much of the lost ground before week's end. Wall Street took the break in stride, cautious but unfrightened. With prospects ahead of an economic spurt once the steel strike ends, most Wall Streeters expect the averages to break through the 700 mark before year...

Author: /time Magazine | Title: Business: Down to Earth | 8/24/1959 | See Source »

...floating dock on the Thames, leaped into a helicopter, transferred to a jet trainer at Biggin Hill R.A.F. field for the flight to Villacoublay, eleven miles from the Arc, caught a helicopter to Paris' Issy heliport and finally hopped onto a second motorcycle for the last spurt to the Arc. His time, including 4 min. for the last 4½-mile motorcycle dash: 57 min. 47 sec. "Sissy stuff," roared an R.A.F. rival. "I think the time can be brought down to near enough 40 minutes." That it was. At the end, R.A.F. Squadron Leader Charles Maughan...

Author: /time Magazine | Title: Sport: For Fun & Frolic | 8/3/1959 | See Source »

...forced to step down from active coaching a month ago because of failing health and eyesight. But at the finish of the race last week, Rusty Callow could feel satisfied. His Navy crew, only a mediocre outfit this season but revamped for the I.R.A., made a gallant closing spurt, finished a strong third, just a deck length back of Syracuse...

Author: /time Magazine | Title: Sport: On, Wisconsin | 6/29/1959 | See Source »

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