Word: 1980s
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Dates: during 2000-2009
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Many of the major ideas which emerged from Project Zero in its first two decades of existence were a result of its focus on the arts, which in turn greatly influenced the field of arts education. One of these theories, developed during the mid-1980s, is that of “teaching for understanding.” This idea draws on an inherent characteristic of the arts, as it suggests that individuals demonstrate true understanding of a concept only when they are able to put it into action. “It borrows the idea of performance from the arts...
...solo career has been a mix of disappointment and relief—disappointment because he failed to go beyond his work with The Smiths, relief because his music still bore some indications of talent that helped make The Smiths one of the greatest British bands of the 1980s. “Swords,” however, contains only the disappointing aspects, too disappointing to even make it to the studio albums. It seems as though Morrissey has employed every single instrument and producing effect to cover up the nauseating mediocrity of the songs. Instead, they do nothing but highlight...
Marroquín, who has the same thick face and wide girth of his father, describes Escobar as a doting parent. But as the manhunt for the drug lord intensified in the late 1980s, the family was forced underground and Marroquín saw his father only sporadically. Still, Escobar encouraged his children to lead their own lives. "My father did everything to keep us separated from his business," Marroquín says. "If I wanted to be a doctor, he said he would give me the best hospital. If I wanted to be a hairdresser, he said he would...
During the postwar boom, pay for U.S. CEOs remained fairly steady in real dollars until the 1970s. But under new tax policies, the 1980s saw the rise of stock options. Intended to tie executive pay to performance, they offered the potential for huge riches with little downside, encouraging risk-taking. In 1991, CEOs earned 140 times the average worker's pay. A 1993 attempt to cap compensation merely shifted more pay into options. By 2007 the median S&P 500 CEO earned in three hours what a minimum-wage worker pulled down in a year. And Great Recession...
Bruce Wasserstein, who died Oct. 14 at 61, was one of the giants of modern investment banking. Beginning in the early 1980s, Wasserstein's dealmaking acumen turned mergers and acquisitions, then a rarity, into a powerful tool of corporate strategy...