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This trip down the memory lane of neo-classical economics has several elements. First Bauer writes, the rote of government in economic hie must be reduced. Prosperity will be created by the free enterprise system, "in which firms and individuals largely determine what is produced and consumed." Bauer also promotes the ideal of comparative advantage, the concept that nations should produce what they can make most cheaply. For most poor nations this means exporting raw materials and agricultural products. Bauer deems the idea of Third World industrialization inefficient and declares that it is "more likely to retard economic development than...

Author: By Gilad Y. Ohana, | Title: The Joy of Capitalism | 4/25/1984 | See Source »

Wiggins could not be reached for comment, but according to Calian, who had interviewed him previously, Wiggins' intent was "to shake up the neo-liberal attitudes on campus and provoke change." Calian added that he felt that Wiggins "got the shock he was after...

Author: By John Rosenthal, | Title: Pornographic Publication Sparks Controversy at Brown | 3/23/1984 | See Source »

...support Hart for two separate though complementary reasons. His platform on a wide range of issues shows he is not content to take the facile route of traditional New Deal liberalism or to embrace the cynical neo-conservative backlash. Hart is, quite simply, too intelligent to embrace the well-meaning but unrealistic proposals of Mondale and McGovern. But, unlike Glenn, he does not believe that the Democrats should try to regain the White House by becoming milk toast Republicans. We also support Hart because he is now the only man who can send Reagan back to his ranch for good...

Author: By Amy E. Pressman, | Title: Gary Hart | 3/12/1984 | See Source »

...violence has chilling resonance in West Germany, where small neo-Nazi groups have seized the race issue and made it their own. Turkish immigrants regularly receive threatening letters telling them to leave Germany or be hounded out. An outfit calling itself the Prince Eugen Battle Group (named for a brutal Austrian field marshal who led a major assault against the Turks in the late 17th century) has set its sights on Turkish teachers in West Berlin schools. "Can't you understand we [Germans] don't want anything to do with you," says one of their milder letters. "Pack...

Author: /time Magazine | Title: Europe: Rising Racism on the Continent | 2/6/1984 | See Source »

...charges of racial incitement, theft, assault and breach of the peace. When West Germany played Turkey last November in a qualifying match for this year's European championships, police posted 6,000 men at West Berlin's Olympic stadium. Turkish shops were given special protection after neo-Nazi groups threatened that the Kreuzberg ghetto would "go up in flames" on the day of the game. The anti-immigrant atmosphere caused Chancellor Helmut Kohl so much embarrassment that he flew in from Bonn to attend the game...

Author: /time Magazine | Title: Europe: Rising Racism on the Continent | 2/6/1984 | See Source »

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