Word: boom
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Dates: during 1960-1969
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...greatest beneficiaries of the LP revolution in the 1950s were opera lovers; new techniques suddenly made it practical to produce and collect complete recordings of old warhorses. But after a while, the boom dwindled, and the record companies are now concentrating on the modern, the unfamiliar, the rare and the esoteric...
...follow up their camp version of Dr. Faustus (TIME, Feb. 11, 1966), Boom! is their incredibly retitled camp version of Tennessee Williams' The Milk Train Doesn't Stop Here Anymore. If possible, it is worse. Faustus at least had Marlowe's mighty lines, but Milk Train was not even good Williams (it flopped on Broadway in two different versions...
Only in the past decade have European connoisseurs begun to reappraise the movement's significance and restore its masterworks. In many cases, furniture and stained-glass are long gone; World War II and the postwar building boom have leveled many buildings. Yet those art-nouveau monuments that remain are now recognized as well worth the trouble and expense of renovation (see color pages...
...Boom, Boom...
Hard Slog. Just about the only country of Western Europe that is not enjoying the boom is Britain, which is coming to grips with the fiercely deflationary budget that Chancellor of the Exchequer Roy Jenkins promised would produce "two years of hard slog." Together with devaluation, the government hopes to produce a long-awaited surplus in its balance of payments...