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...nearly 90% of the planet's PC microprocessors, into a company worth $115 billion (more than IBM), with $5.1 billion in annual profits (seventh most profitable in the world) and an annual return to investors of 44% during the past 10 years. Other great entrepreneurs, most notably the visionary wizard Bill Gates, have become richer and better known by creating the software that makes use of the microchip. But more than any other person, Andy Grove has made real the defining law of the digital age: the prediction by his friend and Intel co-founder Gordon Moore that microchips would...

Author: /time Magazine | Title: ANDREW GROVE: MAN OF THE YEAR | 12/29/1997 | See Source »

...chimerical goal of zero inflation. Today those jeers have melted to mild sarcasm. ALL HAIL SAINT ALAN, read buttons distributed by Bert Ely, an economic consultant who contends Greenspan is getting undeserved credit for the happy state of the U.S. economy. But to admirers, Greenspan is a monetary wizard. Says economist Allen Sinai: "The Greenspan Fed is the all-time champion in American history...

Author: /time Magazine | Title: OTHERS WHO SHAPED 1997: ALAN GREENSPAN | 12/29/1997 | See Source »

...William James had written...and which I'd fought my way through...") Teddy Roosevelt, as before, is a bully minor character, though here he is Assistant Secretary of the Navy, not New York City police commissioner. And in a brilliant bit of historical casting, Clarence Darrow, a rising courtroom wizard from Chicago, turns up to confound the good guys and defend the villain at a tense upstate New York murder trial...

Author: /time Magazine | Title: BOOKS: MURDER MOST FEMALE | 9/29/1997 | See Source »

...Teresa rise from her wheelchair, and the two of them emerged from a private conversation holding hands, to be greeted by squealing children in a crowd. Diana, in a cream-colored linen suit, stood over her companion, in her sari, the way Billie Burke dwarfed the Munchkins in The Wizard of Oz. They were affectionate toward each other, put their faces close to each other. Mother Teresa clasped her palms together in the Indian namaste, signifying both hello and farewell. The princess got into her silver car. And that was that...

Author: /time Magazine | Title: AN OLD LADY AND A YOUNG LADY | 9/15/1997 | See Source »

Like Dorothy in "The Wizard of Oz, " I had been deceived by the legends of Ivy League education. One professor offered his faux-zebra hide couch for me to sit on. The other, more avuncular professor actually offered me a plate of donuts. My discussions with them, and with the other students in my interview time slots, did not provoke panic or even mild anxiety...

Author: By Ben A. Loehnen, | Title: First-Year Seminars Remove Anonymity | 9/8/1997 | See Source »

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