Word: historicization
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Dates: during 1960-1969
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In the long sweep of U.S. history, it is dissent-from the Whiskey Rebellion and the Civil War to the women's suffrage movement-and not conformity that has characterized most decades. The Depression, World War II and the cold war were all shattering crises that temporarily created a...
The stock market, a leading indicator that often foretells the economy's performance in months to come, shuddered through a disastrous year. The Dow-Jones industrial average dropped 19%, from a May high of 969 to a December low under 784. The conglomerates took a beating; LTV and Gulf and...
Investors were depressed by the fading of the unrealistic Viet Nam peace hopes that they had held in the spring, and more recently by warnings of a forthcoming economic decline. The worst depressant in the market undoubtedly has been tight money. The market frequently falls before recessions and rises when...
Author Renault, whose specialty is Hellenic myth and culture, has written better disciplined, more absorbing books (The Last of the Wine, The King Must Die). Here she appears to be limited by her slightly blinkered view of Alexander. Granting him his historic virtues-precocity, courage, leadership and tactical genius-she...
Today's young radicals, in particular, are almost painfully sensitive to these and other wrongs of their society, and denounce them violently. But at the same time they are typically American in that they fail to place evil in its historic and human perspective. To them, evil is not...