Word: 1990s
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Dates: during 2000-2009
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...After a suitably scholastic detour into the origins of the phrase "molecular gastronomy," (McGee maintained that the term was born at a scientific conference in the early 1990s in an attempt to make inquiries into cooking sound more impressive; physicist Cassi suggested that he coined the phrase some years later), Adrià urged the audience to, essentially, chill out. "If we keep seeing science and cooking as two Martians coming at each other with test tubes, we all lose," he argued. "We have to normalize the relationship between them." A few hours later, as Elena Arzak demonstrated sauces that change...
Geithner, despite the rhetoric before the Senate, understands this better than most. He spent much of his career in the 1990s at the Treasury Department working on international issues, with particular emphasis on Asia. He understands how complex the bilateral economic relationship with China is and will probably be inclined to resist pressure to formally cite Beijing as a bad actor on currency. (See pictures of the global financial crisis...
...economic gloom is driving the boom in retail liquidations. During better days, a company could file for Chapter 11 bankruptcy, and the banks would finance its operations until the shops could restructure. These so-called debtor-in-possession, or DIP, loans kept the company operating. In the early 1990s, for example, Macy's spent nearly two years in Chapter 11. Today, banks aren't keen to lend to anyone, least of all a retailer in miserable shape. (See the worst business deals...
...Games, a collection of extreme sports competitions whose winter event takes place January 22-25, did not exist until ESPN (and its hipper offshoot, ESPN2) realized in the early 1990s that there was a huge, demographically desirable slice of America that wasn't watching SportsCenter. ESPN executives, aware they were missing out on ad dollars that could be coaxed from finicky flannel-wearing Gen Xers, launched the X Games in 1995. (See TIME's Top 10 Fringe World Titles...
...Drew fire in the late 1990s for the work he and his law firm undertook on behalf of the tobacco lobby...