Word: institutionalization
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Dates: during 1970-1979
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Many of TIME'S economists detect that the Administration is cutting big and small federal programs extremely sharply to hold down the budget deficit and take some heat away from rising prices. Still, Carter's aides are probably underestimating the size of the deficit. A recession would pull...
On the face of it, Law 815 hardly seemed a piece of villainous legislation. Passed last year to help raise Greek universities to European standards, it addressed some of the problems of an educational system that is widely recognized to be a shambles. But each successive reform roused the ire...
As museums become more dependent on corporate funding, this drift away from serious, intelligent exhibition toward spectacle will increase. There will be much more wrapping for mass appeal, in the form of Tut-style blockbusters and Pompeian frolics. Meanwhile, the proper functions of the museum will receive proportionately less support...
Such examples of institutional strength help offset the Justices' idiosyncrasies. "You sure can get the impression from the book that the court is an institution that works," says Co-Author Woodward. "There is strong evidence both ways. But we made a scrupulous effort to be non-judgmental." Indeed, the...
DIED. Walter A. Haas, 90, honorary chairman of the board of Levi Strauss & Co.; in San Francisco. A marketing wizard, Haas joined his father-in-law's floundering jeans company in 1919 and, barely altering a stitch in the product, turned it into an American institution.