Word: halcyons
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...curriculum to be "no curriculum at all." Had the faculty been serious and honest, it would have turned to something like the 1945 Harvard Redbook version of general education which "unabashedly" defined the core of necessary knowledge as the "intellectual, political, and cultural heritage of the West." In those halcyon days, students in courses on "Great Texts in Literature" and "Western Thought and Institutions" were baptised en masse through total immersion in the great books and ideas "which have structured Western civilization...
...Lyon brings back painful memories of a France torn between cowardly collaborators and dashing members of the Resistance. Many Frenchmen, particularly those on the extreme right of the political spectrum, actively assisted the Nazis in their gruesome work. Leftists today, on the other hand, still enjoy reliving their halcyon days when the communist underground inspired brave fighters to risk their lives in dangerous sabotage missions against the Germans. Thus the French socialist president Francois Mitterand, in his very first symbolic act in office, solemnly paid a visit to Moulin's tomb in the Pantheon of Paris. And now, he will...
...developing countries found themselves in a classic squeeze: rising debt costs eating up ever larger chunks of declining export earnings. In 1981, Third World economies grew by an average of only 2.2%, a sharp decline from the halcyon days of the 1970s. Says Robert Solomon, a former U.S. Federal Reserve economist who is now at the Brookings Institution in Washington: "It cannot be overemphasized that the recession and high interest rates
Rothman and Lichter take the opposite approach, searching for self-interest even in the halcyon formative stages of SDS. Their initial quantitative ethnic survey of group members finds that over half of the initial SDS leadership was Jewish, rather than the more commonly accepted estimate in Sale's book of "perhaps a third." Operating with that in mind, the authors offer a complicated two-pronged assessment: 1) Jewish psychological defense mechanisms, not radical idealism, sparked what turned out to be a valuable new critique of American society and 2) when the original leadership gave way to a largely non-Jewish...
While the latest news on interest rates is good, many experts doubt that the U.S. economy will soon be returning to the halcyon days of 6% mortgages or an 8% prime. When business starts to pick up, consumers and businesses will begin borrowing more and rates could start creeping higher. Moreover, the Federal Reserve has stated that it intends to maintain a tight rein on the growth of credit in order to keep inflation under control. This is likely to keep the key interest rates in the 12% to 15% range for the next year...