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...part of the only conscious moralist in Manhattan. Onscreen, Murphy accuses him of playing God (Woody's reply: "I've got to model myself after someone.") Offscreen, Murphy, who is a close friend, says, "Woody could have made a safer picture, like Annie Hall. This film is a lot tougher, harder-edged. And it was a bold step for Woody not to be a hero." This, according to another frequent co-star and pal, Tony Roberts, is part of his character. "He seems to strive for some kind of excellence for himself in what he does that keeps him from...

Author: /time Magazine | Title: Cinema: Woody Allen Comes of Age | 4/30/1979 | See Source »

...complicate the Federal Reserve's problem, it is becoming even tougher to make major policy decisions on the basis of money growth figures. Officially, the nation's money supply has not grown since October, and in the past three months, M-l (currency plus checking accounts) actually declined 1.5%. But Fed insiders believe that the actual stock of money that is available to be spent has been expanding by perhaps 6% to 7%. Reason: there is a proliferation of new financial devices that effectively enlarge the money supply but are not measured by the old standards. One of these innovations...

Author: /time Magazine | Title: Business: The Fed vs. Jimmy's Aides | 4/30/1979 | See Source »

PRESIDENT CARTER has no sweeping, coherent vision of a national energy policy that could inspire public support. Instead, he has fixated on decontrol of oil prices -- the quick fix of market forces, instead of the tougher job of building national policy. If indeed the energy crisis is "the moral equivalent of war," Carter should not leave the shooting up to the oil companies...

Author: By Mary G. Gotschall, | Title: It Won't Work | 4/28/1979 | See Source »

John Glenn tells Jimmy Carter to be tougher with Moscow...

Author: /time Magazine | Title: Nation: Some Pepper for SALT | 4/23/1979 | See Source »

...stage." Progress on them could be slowed, said Carter, if Glenn went ahead with a speech that he was planning to deliver at the launching of a nuclear submarine that day in Groton, Conn. What upset Carter was the Senator's intention to urge the Administration to be tougher with the Soviets on the crucial matter of how to verify that they play by the rules of SALT...

Author: /time Magazine | Title: Nation: Some Pepper for SALT | 4/23/1979 | See Source »

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