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Remembering his 1972-74 stint as Secretary of the Treasury, George Shultz, now vice chairman of the Bechtel Corp. and one of Ronald Reagan's economic advisers, emphasizes that much of the "abrasive interface" between Government and private enterprise results from differences in thought processes. "When a problem comes up, economic thinking says, 'What is the efficient way to solve it?' " writes Shultz. "Political thinking says, 'What is the equitable solution?' " In the search for equity, economic considerations are too often overwhelmed by special pleading by pressure groups and naive, overzealous Government officials...

Author: /time Magazine | Title: Business: To End the Public-Private War | 8/18/1980 | See Source »

After the Air Force, Hagman tried his luck off-Broadway, then did a two-year stint on The Edge of Night. There were several modest roles in movies, including one memorable semivillain in The Group. But Hagman's most important part before Dallas was in the airhead sitcom I Dream of Jeannie. For Hagman it was the big break. He worked constantly, rewriting scripts, fighting to get the best possible performers. "I was driven, compulsive," he remembers. "I yelled at people. Finally I couldn't take it any more. I started to vomit...

Author: /time Magazine | Title: Television: Larry Hagman: Vita Celebratio Est | 8/11/1980 | See Source »

...review, which comes not long after Kael returned from a desultory nine-month stint as a Hollywood consultant, made others in the word business a bit nervous. "Unfortunate," sniffed New Yorker Editor William Shawn, who quickly added that "every writer has a right to express himself." "Absolutely terrific!" said New York Times Critic Frank Rich. "I'm just glad it wasn't written about me." "Adler," said New York Magazine Critic David Denby, "had an 'oldfashioned' notion of prose." "I don't think that Pauline is a rigorous, logical thinker," volunteered National Review Film Critic...

Author: /time Magazine | Title: Press: Kiss Kiss Bang Bang (Ouch Ouch) | 8/4/1980 | See Source »

...think I've been to a political convention when we all didn't say we were never going to another one." The Democratic ses sion in New York City next month has special significance: sit will mark the end of Walter E Cronkite's 28-year stint as the 5 CBS convention anchorman. "I think we'll know in a week or ten days how that one's going to shape up," said Cronkite eagerly. "We could have a beauty there." - By Stephen Smith, Reported by Elizabeth Rudulph/Detroit

Author: /time Magazine | Title: Press: A Convention Hall of Mirrors | 7/28/1980 | See Source »

...that he rode the elephant for sport. To stay in shape, Sellers did a stint as vice-president of the London Judo Club and was never one to skip a few innings at the Marylbone Cricket Club. But soon the heart attacks started coming, the first in 1964, and then nearly every other year until Tuesday night, when his heart simply deteriorated. He slipped into a coma while lunching at the Dorchester Hotel and died four hours later...

Author: By David Frankel, | Title: Peter Sellers 1925-1980 | 7/25/1980 | See Source »

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