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Rubens' influence was so great partly because his output was so huge. A prodigious and systematic vitality enabled him to complete more than 1,000 oils, in which all the chief subjects of Baroque art-from crucifixions to battle and hunting scenes, from political allegory and mythology to grand-style portraiture-were reinvented, passed through a generous and erudite intelligence and mingled with commoner themes to which Rubens gave a new stature: landscape and still life. His idea of a battle piece was a knot of turbulent figures and horses, locked together into one impacted mass by an undulating...

Author: /time Magazine | Title: Art: Rubens, the Grand Inseminator | 2/10/1975 | See Source »

...genuine new bull market until all the bad news is out of the way." Last week's big spenders were ignoring several signs that that has not happened yet. The Labor Department reported that industrial productivity declined by 2.7% last year; that is the first decline in manufacturing output per man-hour since the department began keeping such records in 1947. Corporate profits fell by 10% to 25% during last year's fourth quarter, and there will surely be further declines in 1975. Then, too, Treasury borrowing to finance the $34.7 billion federal deficit that the Administration expects...

Author: /time Magazine | Title: WALL STREET: Stock Surge: The Bulls Come Running | 2/10/1975 | See Source »

...fact, last summer the director of the Honeywell Information Systems Technical Office. Ugo O. Gagliardi, received a three year appointment at Harvard as McKay Professor of Practice of Computer Engineering. The Honeywell Output, the information systems' employee publication, greeted the appointment with the announcement that it "reinforces a mutually beneficial relationship between the Harvard and HIS communities." This relationship consists basically of sharing facilities such as computers, and it raises a substantial moral question. Should scientists at Harvard use Honeywell computer systems and thereby establish a "beneficial relationship" with a corporation with Honeywell's record as an accessory...

Author: By Eric M. Breindel, | Title: Manufacturing Death | 2/8/1975 | See Source »

...populace that is still remarkably well disciplined, China had a disappointing year in 1974. The People's Daily, whose New Year's editorial customarily lists economic advances at great length, limited itself this year to a terse one-sentence description: "The total value of industrial and agricultural output shows a fresh increase over the 1973 period." Secret Central Committee documents, released by Taiwanese intelligence but considered authentic by U.S. analysts, admit that production drops occurred in key industries. Coal mining was a drastic 8.35 million tons behind the planned target, and, as the document put it, other cuts...

Author: /time Magazine | Title: CHINA: A Victory for Chou-and Moderation | 2/3/1975 | See Source »

Leontief, who won the 1973 Nobel Prize for Economics for his work on input-output analysis, last night cited a "lack of moral support" for his work and a general disenchantment with Harvard's Economics Department as the reasons for his move...

Author: By Richard J. Meislin, | Title: A 'Disenchanted' Leontief To Leave Harvard for NYU | 1/29/1975 | See Source »

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