Word: ethers
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Dates: during 1990-1999
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Toward the end of the 19th century scientists believed they were close to a complete description of the universe. They imagined that space was filled everywhere by a continuous medium called the ether. Light rays and radio signals were waves in this ether just as sound is pressure waves in air. All that was needed to complete the theory was careful measurements of the elastic properties of the ether; once they had those nailed down, everything else would fall into place...
Soon, however, discrepancies with the idea of an all-pervading ether began to appear. You would expect light to travel at a fixed speed through the ether. So if you were traveling in the same direction as the light, you would expect that its speed would appear to be lower, and if you were traveling in the opposite direction to the light, that its speed would appear to be higher. Yet a series of experiments failed to find any evidence for differences in speed due to motion through the ether...
...Community" is an overworked term, too often applied artificially to any motley of people who share a skin color, an income level or a set of political bugaboos. But from the limitless ether of cyberspace, eBay has managed to conjure up the real thing. For many people, eBay does what communities have traditionally done. It not merely provides them financial sustenance but also draws them together with like-minded folk, offering encouragement, rewarding unique talents and interests, giving an outlet for their eccentricities and individuality and in some cases rescuing them from the margins where they would otherwise languish alone...
...three men trying to cope with these mid-ether collisions of dollars and expectations are an unlikely team. Greenspan, the data-loving analyst with government roots sunk back into the financial and moral chaos of the Nixon Administration, and a shaman-like power over global markets. Rubin, the Goldman Sachs wonder boy who ran the firm's complex and dangerous arbitrage operations and then led it to rocket-ship international growth. And Summers, the Harvard-trained academic who is invariably called the Kissinger of economics: a total pragmatist whose ambition sometimes grates but whose intellect never fails to dazzle...
...that the Lewinsky scandal has stirred up. The other half is the growing difficulty of hiding dirt. Why, when I was a boy, a semen stain was just a semen stain. Now it's a signature. When I was a boy, an intern's girl talk evaporated into the ether. Now it crystallizes in cyberspace as e-mail...