Monday, Aug. 24, 1987

Time Magazine Contents Page August 24, 1987

50

COVER: Steve Martin, that wild and crazy guy, is now a romantic leading man

In the '70s he wore a novelty- store arrow through his head and became the decade' s hottest comic. In the '80s he turned to film, and with this summer' s sleeper hit Roxanne has shown he is America' s most charming and resourceful comic actor. Martin honed his talents in comedy clubs -- a growth industry that has launched a new generation of stand- up wits. See SHOW BUSINESS.

14

NATION: Twenty summers after the riots, the ghettos have gone from bad to worse

The exodus of the black middle class from the inner city compounds the agony of those left behind. The victims range from a Newark family trapped in a morass of crime and self- destruction to a would- be model in Los Angeles slain by random gang violence. -- Reagan, both apologetic and defiant, tries toregain command. -- The fight over the Bork nomination heats up.

36

BUSINESS: The bull market stampedes through a manic birthday celebration

Five years of growth almost without pause has added $2 trillion to stock values and is helping the economy keep expanding. Cash is flooding in faster than ever, but doomsayers worry about possible parallels to 1929. -- A fired Eastern Air Lines mechanic details his accusations of sloppy maintenance. -- A leveraged buyout creates the largest black- owned company in America.

24

World

In the gulf, the U. S. awaits Khomeini' s next move. -- Two peace plans continue to raise tempers. -- South African miners walk out.

44

Sport

Hopeful Olympians, a ton of Cuban weightlifters and an uplifting U. S. pitcher grace the Pan Am Games. -- Scuffing nonsense.

46

Environment

In Nevada, Great Basin National Park opens amid stunning vistas and high hopes. -- A termite- killing pesticide is discontinued.

58

Ethics

A demographic analyst urges birth incentives to sustain Western power in the world, stirring touchy issues of privacy and racism.

59

Books

The Songlines is a captivating journey into Australia, the past and the imagination. -- A formula falters in Patriot Games.

63

Living

Despite a few inconveniences, American retirees find a sunny paradise in Mexico. -- This summer' s fizziest cocktail? The Bellini.

64

Art

Berlin' s remarkable rebirth as a postwar center of modernism is surveyed in an ambitious show at the Museum of Modern Art.

67

Dance

Resurgent ethnic pride has brought about a revival of the authentic Hawaiian hula, with its rhythmic swaying and impudent eroticism.

9 Letters

12 American Scene

35 People

47 Medicine

47 Milestones

65 Cinema

Cover: Photograph by Ted Thai