Word: tempts
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Dates: during 1970-1979
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...Institute an income policy going farther than the one Arthur Burns suggests. Anything short of actual wage and price controls, which have usually proved to be inequitable and unworkable, might tempt businessmen and labor leaders to defy presidential wrath and increase prices and wages. But there is evidence that guidelines and "jawboning" intervention by the White House held down some prices during the Kennedy-Johnson era. Arthur Okun, a member of TIME'S board, figures that prices rose 1.7% a year between 1966 and 1968 for 15 jawboned industries, including steel, copper, autos and aluminum?but that prices jumped...
Busted Playmate. There are profits aplenty. A $10 or $20 "key" of Lebanese hash can fetch $1,500 or more in the U.S., and the figures tempt a wide variety of improbable smugglers. Book-of-the-Month Club Author W.S. Kuniczak (The Thousand Hour Day) was arrested last December for smuggling 160 Ibs. of hash into Greece; he is presently serving a 4½-year sentence on the island of Corfu. Playboy's December Playmate Gloria Root, 21, currently graces Athens' stark Averoff prison, where she is serving a ten-month sentence for crossing into Greece from Turkey...