Word: historicizing
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Dates: during 1980-1989
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Illustrating the extreme skittishness in financial markets, the Dow Jones industrial average plunged almost 24 points in a single day largely, it seemed, because of "sell" recommendations from a single market analyst, Joseph Granville (see following story). Although some major banks reduced their prime rate on business loans to 20...
Sometimes the reworking of a classic can produce ironic historic resonances, as in Jean Giraudoux's sophisticated reshaping of the Greek myths. At other times, sloppy, inane, incongruous desecration masquerades as creative reincarnation, and the people involved spout rubbish about "making the work speak to our own time." In...
She has yet to spend a night in the Executive Mansion, but gossipmongers are already clucking about Nancy Reagan, the spendthrift fashion plate, the extravagant hostess, the gunslinger and, after her press secretary was suddenly removed, the axwoman. Now grapeviners are chortling over the latest rumor, featuring Nancy the demon...
Lennon's death brought an unexpected windfall to some. Photographer Paul Goresh's picture of Lennon autographing his new album Double Fantasy for Mark David Chapman, the alleged killer, a few hours before his death brought more than $100,000 in worldwide syndication fees. In some cases, commercialism...
The attack was published in the official Communist Party newspaper, People's Daily, which, for the first time ever, acknowledged that Mao "personally initiated and led the Cultural Revolution." It was a mistake, the paper added, that "brought grave misfortune to the party and the people." The denunciation seemed...