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...brokerage houses, politicking in stock exchanges and the practices that led to the speculative spree of the mid-1960s ?and the hard fall that followed. This new group differs considerably from the men who rose to power in the market in earlier times. Today's leaders are fairly young???many are in their 30s and 40s ?as well as politically iconoclastic and socially concerned. Skeptical of the conventional wisdom, they are questioning not only the mechanism of the market but the uses to which capital...

Author: /time Magazine | Title: Business: Change and Turmoil on Wall Street | 8/24/1970 | See Source »

...What generation gap?" asks University of Michigan Psychologist Joseph Adelson, who argues that "an overwhelming majority of the young???as many as 80%?tend to be traditionalist in values." Much evidence suggests that youth's politics and passions still largely reflect those of their parents. Even the most radical student protesters tend to act out the ideals of their politically liberal parents, who often approve the goals if not the tactics of their activist children. The biggest gap may be between different groups in the same generation. Collegians who pursue vocational courses like engineering seldom display the Weltschmerz that...

Author: /time Magazine | Title: Education: When the Young Teach and the Old Learn | 8/17/1970 | See Source »

...sold close to a million records, this does not mean that The Band will be everybody's cup of tea. But for those who take to them?musicians, college kids who have grown tired of the predictable blast-furnace intensity of acid rock, and an evergrowing segment of the young???The Band stirs amazement and glee. Perhaps their most important accolade is the approval of scores of fellow musicians, who say simply: "The Band is where...

Author: /time Magazine | Title: Music: Down to Old Dixie and Back | 1/12/1970 | See Source »

Middle Americans express respect for moderate black leaders like Roy Wilkins and Whitney Young???which is easy enough. Middle Americans would generally like to see the quality of black education improve. But the idea of sacrificing their own children's education to a long-range improvement for blacks appalls them. "They moved to the suburbs for their children, to get fresh air and find good schools," says Frank Armbruster. But programs such as bussing "negated all their sacrifices to provide their children an education...

Author: /time Magazine | Title: Man and Woman of the Year: The Middle Americans | 1/5/1970 | See Source »

Monsters with Badges. The Reddin blueprint pays attention to the young???rather self-consciously. Fourteen officers, each known as "Policeman Bill," are assigned to the city schools' first, second and third grades, where they tell children about the policeman's job. It all sounds a little cloying. Even so, before one "Policeman Bill's" visit, a survey showed, ghetto children portrayed cops as monsters with whips and flashing silver badges. After he left, they scrawled kindly father figures. To woo teenagers, almost always the troublemakers in ghetto disturbances, the L.A.P.D. has experimentally hired twelve youths for help on such minor...

Author: /time Magazine | Title: Nation: POLICE: THE THIN BLUE LINE | 7/19/1968 | See Source »

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