Word: entrepreneurs
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Dates: during 1970-1979
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Small-scale capitalism still has its contradictions for this social worker-cum-entrepreneur and his Berkeley graduate son. His face animated, Sid says he feels "caught between what I want in life and what I need, and what I want to do for others. I'd like to be involved in a social cause, I'd like to make sure that the needs of the elderly get taken care of. I'd like to work to change the system, but I'd be knowing all the while that it's virtually impossible to change...
...enacted, the VAT will tax the values added to all goods at each stage of the production and sales process. Every time a manufacturer or entrepreneur raises the price of a product, the government will tax this added value at a rate of 10 percent. Without the VAT, Ernest and Julio Gallo sell their Pinot Chardonnay to a wine distributor for $18 a case. But this tax will force the Gallo Bros. to raise the price of their wine to $20, to cover the $2 they will have to pay the government. The wine distributor then sells the Pinot Chardonnay...
...intrepid entrepreneur, Joe Conforte, who runs the Mustang Ranch, a legalized bordello outside Reno, took advantage of the uproar to post a sign at his gates saying: "No more Iranian students will be permitted on these premises until the hostages...
...first signs of a "wait and see" attitude are appearing among some buyers who think that mortgage rates may soon ease back. Michigan Entrepreneur Warren Avis, founder of the Avis Rent A Car system, was quickly filling a 120-unit condo conversion in Detroit last month, but saw many of his customers vanish as mortgages rocketed. Says he: "All of a sudden we got slugged in the guts. The last four weeks have broken the back of buying...
...would probably be surprised that so many of the movies he brought into being linger so pleasantly in memory and still find new audiences in revival nouses and on TV. He made them tastefully, with strong narratives and characters, because he happened to be an elegant and literate entrepreneur. But their function was not to secure him immortality but to provide something entertaining and profitable to do with his life...