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...challenges Schumpeter's argument that change is the essence of modern economic life. Horsepower gave way to steam power, and vacuum tubes were replaced by transistors. Industries decline, while others grow. No nation today can isolate itself from those changes if it hopes to remain economically competitive. The Maginot Line did not protect France in 1940, and no economic Maginot Line will protect the U.S., now or in the future...

Author: /time Magazine | Title: Essay: The Job Ahead for U.S. Business | 10/7/1985 | See Source »

...report added fresh detail about Moscow's global intelligence vacuum cleaner. For instance, espionage allowed the Soviets to copy the "look-down, shoot-down" radar capability of the F-18, saving an estimated five years and $55 million in research. Moscow also pirated the design for a computer used in cruise missiles. But the Pentagon study itself pointed out that about 90% of the intellectual booty comes from open sources rather than spying. Weinberger proposed no new statutes or regulations to reduce the haul...

Author: /time Magazine | Title: Cap Takes a Hard Line | 9/30/1985 | See Source »

...complicates his handling of Streep's character, Susan Brock. Because she is so complex and passes through so many psychological metamorphoses, the audience needs some assistance in interpreting her within a single context. Schepisi's direction provides us with no help whatsoever, developing each individual sequence in a creative vacuum wholly severed from the rest of the film...

Author: By Cristina V. Coletta, | Title: Hare's 'Plenty' Promises, But Comes Up Empty | 9/27/1985 | See Source »

...elevator door opened at the sixth floor and the two with bikes wrestled to get them over the vacuum cleaner and into the corridor...

Author: /time Magazine | Title: In Chicago: Lookin' Good in the '80s | 9/2/1985 | See Source »

Grouch, you say? Old crank? On the contrary, sympathy is due the vacuum- cleaner man. The world, and especially this country, has become a hard place for those not yet committed to the overhaul of the flesh, heart and lungs--and none of these were in a rougher spot last week than Skoko...

Author: /time Magazine | Title: In Chicago: Lookin' Good in the '80s | 9/2/1985 | See Source »

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