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...reality aside (as the President and Congress seem to have done). Does starving the beast make sense even in theory? Supply-side economics comes with a lot of intellectual paraphernalia, such as that famous Laffer Curve, drawn on a cocktail napkin. It may be nonsense, but at least it's clever nonsense (as Tom Stoppard once put it--though not about supply-side economics). Starve the beast, by contrast, is not a theory or even an assertion. It is barely more than a wish...

Author: /time Magazine | Title: A Beast of an Idea | 1/12/2004 | See Source »

...ignorance, my declaration of citizenship went mostly unchallenged. Sometimes my fellow first-years, brows furrowed, would ask where Freedonia was, again, and—because these conversations generally took place over dinner in Annenberg—I’d sketch a map of the Balkans on a paper napkin...

Author: By Phoebe Kosman, | Title: Leaving Freedonia Behind | 11/3/2003 | See Source »

...what, precisely, would Schwarzenomics look like? Those who have talked to the actor say he has assured them that he adamantly opposes tax hikes. Economist Art Laffer--famous for a cocktail-napkin scribbling that became the basis for supply-side economics--is one of those whose advice the actor has sought. Laffer says Schwarzenegger told him, "I am the tax terminator." Although Laffer, a flat-tax advocate, has not formally joined the team, he may be asked to develop ideas for long-term tax reform. Others being consulted include former presidential candidate Steve Forbes and Michael Boskin, the Stanford University...

Author: /time Magazine | Title: Arnie's Army: Now He Must Prove He Has Ideas | 8/25/2003 | See Source »

...with drugs. The suspects noticed the officers and fled. The officers chased them, and a short struggle ensued. One suspect said he couldn’t breathe, and the officers removed a white paper they had observed in his mouth. The paper turned out to be a Dunkin Donuts napkin with ten plastic bags labeled “On Fire” which contained a brownish substance, later determined to be heroin...

Author: By The CRIMSON Staff, | Title: CPD POLICE LOG | 8/15/2003 | See Source »

...York Times!--and she almost quits after a month. She attends the 1968 Republican Convention as a Rockefeller volunteer and is astonished by the opulence of the Fontainebleu Hotel; she orders room service, and "I can still see the giant fresh peach that came wrapped in a napkin." In her way, Hillary Rodham--the awkward Midwestern grind, the Methodist too-gooder--is as much of an outsider as Bill Clinton. Her swoon is inevitable, her willful blindness to his flaws almost understandable. Almost...

Author: /time Magazine | Title: The Humanity of Hillary | 6/16/2003 | See Source »

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