Word: goode
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Dates: during 1970-1979
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Consider the market history of the late Paul Strand's work. Fifteen years ago, his platinum prints sold for $125. In 1972 they were still a bargain at $1,500. Today a good Strand...
What serious retrenching has occurred so far has been highly selective. Says Georgia State University Economist Donald Ratajczak, speaking about the status of retail sales: "The discount and the high quality lines are good; the in-between is dead. Top and bottom are where the action is." Translation: in marked contrast with their behavior during past economic slowdowns, people are not closing their wallets entirely but are scrambling for bargains, on the one hand, and, on the other, scooping up top quality, long-lasting goods at any price...
...Maximilianstrasse or Brussels' Avenue Louise, a Pierre Cardin tie costs $40, a Réty suit $440 and a Balenciaga handbag $370. Even the cost of window-shopping is steep. Hotel rooms in a smart area of a capital city can easily cost $75 a night, a good dinner for two starts at $60 or more, and a week's car rental often tops $300. Local residents, of course, avoid the stores and services that tourists frequent. Even so, their everyday costs are hefty. A modest two-bedroom house in a suburb rents for $1,600 a month...
...they lead the majors. But September is coming, the cruel month when the Sox usually falter. As the pennant race quickens, and Boston struggles to redeem past failures by overtaking the Baltimore Orioles, the team's batting is extraordinary, even by its high standards, and for two good reasons: a pair of slugging outfielders named Fred Lynn and Jim Rice...
...history. "It's gotta be the strongest one-two punch since Maris and Mantle," says Baltimore Manager Earl Weaver. Batting third and fourth in the Red Sox lineup, Lynn, 27, and Rice, 26, have been pounding the ball so hard and often that, astonishingly enough, both have a good shot at winning the Triple Crown (leading the league in hitting, homers and runs-batted-in). Last week Lynn was first in hitting with a .347 average, while Rice was second at .335. Lynn's 36 home runs also topped the league, and Rice was right behind with...