Word: game
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Dates: during 1960-1969
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...Money Game, 'Adam Smith...
...regain his selfesteem, the loser typically reduces his anguish by explaining away his defeat. Show business's fallen stars often justify their decline in terms of a mysterious force known as The Breaks (another word for fate). Other losers absorb defeat by joining a less competitive game, such as local community activism, which gives them a new chance to emerge as winners...
...shake the hand of the man he would probably prefer to throttle. As Sportswriter Grantland Rice once put it with classic corn: "For when the One Great Scorer comes to mark against your name,/ He writes?not that you won or lost? but how you played the game." Rice probably borrowed this formula from the legend that Britons play to play rather than to win. In fact, British soccer fans are notoriously sore losers, prone to riot. As for U.S. "sportsmanship," it mainly seems to be a kind of post-game game in which the loser, by voicing a tribute...
...loser statements, in fact, are probably rationalizations, from the game tears showing through Adlai Stevenson's remarks after he lost the 1952 presidential race (see box) to the naked bitterness of Richard Nixon in 1962, when it seemed that his defeat for the California governorship marked the end of his public life. In politics as well as business, the most common rationalization is that the loser has refused to pay a "price" for winning. Henry Clay, who spent 20 years trying to occupy the White House, finally produced that famous sour grape: "I would rather be right than President...
...dull and dreary as a stock prospectus. A new publication in this ar cane area of journalism, however, is fast proving that writing about high finance can be both exciting and amusing. Its editor is 'Adam Smith,' the author of the irreverent and humorous bestseller, The Money Game. As Wall Street and publishing circles know by now, Smith is really George J.W. Good man, 38, a former Rhodes scholar, journalist (TIME, FORTUNE), novelist and screenwriter (The Wheeler Dealers). Considerably less well known is Good man's latest interest, a monthly financial magazine called the Institutional Investor (circ...