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...America needed was to copy aspects of the bureaucracy-managed economy - like its policy of providing state support to favored industries - that seemed such a stunning success in Japan. The American government "can no longer afford not to give more positive guidance" to the economy, wrote Asia expert Ezra Vogel in his 1979 book Japan as Number One, "if our country is to continue to provide world leadership and an optimal quality of life for its own citizens." This view evaporated as well, once Japan's economy stumbled in the 1990s. It became clear that government had contributed...

Author: /time Magazine | Title: Why Government Intervention Won't Last | 11/25/2008 | See Source »

...This supposition that the entertainment or film industry is an antidote or goes contra to the economy is incorrect,” says Harold Vogel, who served 17 years as the senior entertainment analyst at Merrill Lynch and is current president of Vogel Capital Management. Vogel believes that the sustained success of the film industry during past economic recessions was largely based on historical circumstances that no longer apply...

Author: By Beryl C.D. Lipton, CRIMSON STAFF WRITER | Title: Projected Benefits | 11/6/2008 | See Source »

...There’s a multiplier effect on anything,” Vogel says. “If you pave a road, there’s a multiplier effect. If you build a house, there’s a multiplier effect...But no one really knows to the last decimal what that multiplier...

Author: By Beryl C.D. Lipton, CRIMSON STAFF WRITER | Title: Projected Benefits | 11/6/2008 | See Source »

...Certainly the moves the administration have made so far are not directly attacking the financial issues that affect American homeowners," says John Vogel, a finance professor at Dartmouth's Tuck School of Business. "We need to refinance million of homeowners into affordable mortgages, and if rates go up that makes that job just much harder...

Author: /time Magazine | Title: The Bank Bailout's Side Effect: Rising Mortgage Costs | 10/16/2008 | See Source »

...East German lawyer with a marked ability for negotiation, Wolfgang Vogel became known during the Cold War as the point person for anyone who wanted to cross the Berlin Wall--in either direction. Over three decades he helped more than 200,000 people leave East Germany, including American pilot Gary Powers, whose release he infamously arranged in exchange for Soviet spy Rudolph Ivanovich Abel. Though Vogel considered himself a humanitarian, his reputation was tarnished after the Cold War ended and he was convicted of blackmail. Upon appeal, he was cleared--and his benevolent reputation restored...

Author: /time Magazine | Title: Milestones | 8/28/2008 | See Source »

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