Word: crisises
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Dates: during 1980-1989
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The idea that the goal of creative effort lay outside the field of allegory and moral precept was quite new in the 1860s, when Degas was coming to maturity as a painter. The highest art was still history painting, in which France had reigned supreme; but since 1855 practically the...
Degas's "keyhole" bathers provoked the crisis of the Ideal Nude, whose last great exponent had been the man Degas most revered, Ingres. Yet their exquisite clarity of profile could not have been achieved without Ingres's example. In them, the great synthesis between two approaches that 30 years before...
A year after Black Monday, the worst day in Wall Street history, an unsettling question lingers: Could it happen again? Yes, answers a senior partner in the Lazard Freres investment banking firm and one of the most respected members of the financial community. The securities markets and the tax system...
I remember being stunned by the 508-point drop in the Dow Jones industrial average last Oct. 19, but it was not until the morning of Oct. 20 that I became truly frightened. The market, on that day, ceased to exist. One major stock after another was closed and could...
As an example of a crisis lacking solution, Grant said, "For two-thirds to three-fourths of the principal causes of death and malnutrition, there is a low-cost technology solution."