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Stemming the Tide...

Author: /time Magazine | Title: Letters: Sep. 27, 1982 | 9/27/1982 | See Source »

...respected interest-rate watcher, predicted that short-term rates would probably fall on balance over the next year, in part because of weak corporate demands for credit. The Federal Reserve Board, he contended, would continue to ease slightly its control of the money supply to slow down the tide of business bankruptcies and promote growth. He predicted that the prime rate would dip to 11% next year before turning...

Author: /time Magazine | Title: Which Way for Interest Rates? | 9/27/1982 | See Source »

...immediately appealing melody that sticks in the mind as vividly as a Top 40 hit. Later, the music grows longer and denser; by Act III, the piece has become a raging cataract of sound that invokes the spirit of Wagner's Rheingold Prelude: a mighty river at flood tide, frightening in its intensity. The elemental force of his music has made the Baltimore-born Glass perhaps the best-known international exponent of minimalism...

Author: /time Magazine | Title: Music: The Heart Is Back in the Game | 9/20/1982 | See Source »

...tide that carried former Gov. Michael S. Dukakis to the Democratic nomination for, governor Tuesday also swept over the Cambridge area, giving three young, progressive candidates victories over their more traditional, conservative opponents...

Author: By Jacob M. Schlesinger, | Title: Dukakis Tide Lifts Local Politicians; Candidate Gears Up for November | 9/16/1982 | See Source »

...election of Ronald Reagan, argues Burton Pines, was the political culmination of a rising tide of popular disenchantment with the dogmas of postwar American liberalism. In a comprehensive and sympathetic survey of the social and economic issues that have galvanized conservatives, neoconservatives, evangelicals, Moral Majority members and the New Right, Pines finds the source of this counterrevolution in the backyards of millions of resentful Americans. "Resurgent traditionalism," he writes, "is most dynamic at the grass roots, in life's very private, yet most critical sectors. There, legions of Americans are going back to basics in education, back to Scripture...

Author: /time Magazine | Title: Books: Notable: Aug. 30, 1982 | 8/30/1982 | See Source »

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