Word: 1930s
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...inherited much of the collection in the 1980s and placed it in trust, found himself at an exhibition at the National Portrait Gallery in London called "Searching for Shakespeare." There he saw a painting from the Folger Shakespeare Library in Washington, D.C., that had been accepted until the late 1930s as a portrait of Shakespeare from life. Looking at it, Cobbe felt certain the Folger painting was a copy of the one in his family's collection. He asked Wells, an old friend, for his help in authenticating it. (See the top 10 literary hoaxes...
...many ways, a market that keeps going down is a good market. If it has momentum in one direction, it may transfer that energy to a leg up. That happened in the late 1930s going into the 1940s and happened again at the beginning of the current decade...
...British jobs for British workers.” Though the rhetoric of short-term political gain is attractive, it is definitely detrimental for everyone playing the game. Economic nationalism gives rise to a prisoner’s dilemma in which the worst possible outcome prevails. If the 1930s are any sign, this short-sighted approach leads directly to further contraction of economic activity. And we know what that is called...
...economy sometime in the second half of this year, the scale of the decline in indicators ranging from GDP to employment to consumer spending will be much closer to that of the harsh recessions of 1981-82 and 1974-75 than the nearly complete economic collapse of the 1930s. Will the stimulus work? That's the $770 billion question the new GDP numbers really don't answer...
...proponents of Sunday sales argue that state budgets are under plenty of pressure too and that by allowing people to buy beer, wine or liquor on Sunday at grocery or package stores, states could reap millions of dollars in tax revenue. Besides, as President Roosevelt learned in the 1930s when he successfully repealed Prohibition, drinks have a way of keeping hopes high when things look bleak. In Johnathan Alter's The Defining Moment: FDR's Hundred Days and the Triumph of Hope, the President recognized that legally-procured cocktails were the way to keep spirits high when Americans were trying...