Word: taber
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Dates: during 1970-1979
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...shortage of soldierly looking Soviets in the Cuban capital. "Every morning I went jogging and passed groups of young Russian men," he says. "When I greeted them in Russian, they looked surprised, but usually returned a friendly word or two." Also reporting for the story was Economics Correspondent George Taber, who had been in Cuba only a month earlier for a firsthand look at the country's economy...
...help has not made Cuba rich. TIME Correspondent George Taber who was recently in Havana, reports that the city is a nostalgia buffs paradise: DeSoto, Packard and Studebaker cars roam the streets, kept running by tinkering mechanics. Gardens of homes in the once fashionable sections of Miramar and Vedado are overrun with weeds or chickens, and the housing shortage is so severe that Cubans often wait three or four years for an apartment Almost everything is rationed, including sugar and cigars. In fact, though Castro once dreamed of a diversified economy, Cuba has become even more of a one-crop...
...economic story in the late '70s is a big story, if not the big story," says George Taber, who, as TIME'S Washington-based economics correspondent since 1977, may be somewhat partial to the subject. Even before he began work on this week's big story about the "Topsy-Turvy Economy," Taber was hearing frequent complaints that there was no "new Keynes" to explain or solve inflation, declining productivity and the other persistent problems of the decade. "At the same time," he says, "there has been excited talk about a group of fresh, unorthodox economists...
...this week's cover story, Taber spoke with Harvard's Martin Feldstein and other members of this new group of "incentive economists" and with such top economic policymakers as Treasury Secretary G. William Miller and Presidential Adviser Charles Schultze. Says Taber: "I was surprised to find that officials who often begrudge 15 minutes to discuss current policy would happily sit back for an hour and theorize about what has gone wrong with the economy and why." Until recently, Taber notes, the average American had little familiarity with that topic. Says...
...Taber's family has begun buying nonperishable goods in quantity when the price is right. "This can draw bizarre looks at the checkout counter and cause problems when you are moving," warns Taber, who is in the process of transferring to the New York City area to become an associate editor in TIME'S Economy & Business section. "The movers seemed bewildered by the cases of paper towels, dishwashing liquid and toothpaste my wife Jean had squirreled away in the cellar." Confides Taber: "She manages the family finances. As an economics correspondent, I never touch anything less than...