Word: hysteria
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Dates: during 1970-1979
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...Laissez-Faire. Banfield has commendably deflated a certain amount of hysteria on the subject of the cities; he has shown that apocalypse does not lurk around the corner. But his scarcely disguised contempt for liberal prescriptions and his skepticism about the possibilities of reform have offended some of his fellow urbanologists who charge that he wants to return to a policy of laissez-faire. Yet his book is an honest, probing attack on a subject that is too often encumbered with tired cliches and rigidities of thought. If nothing else, Banfield has shown that there are other approaches...
Premature Hysteria. By seeing American history in a special perspective, Hacker perceives the tragedy of a nation divided between its transcendent dream of itself and its present quality and affluence. If America's rewards are turning into a kind of curse, Hacker understands that it is because the country committed itself with a large measure of idealism to salvation by good works−a not unreasonable goal until the machine came along to make a parody...
...question remains, is it time for Hacker−or anyone−to write the country off? It may be too late to trot out again the "We are a young country" routine. But there is also a premature hysteria to the new-style despair, as if American opinion were going from polarized optimism to polarized pessimism−from the foolish complacence of thinking we were the best to the equally foolish self-contempt of accepting that we are the worst...
Nixon's advisers tirelessly insist that what they used to call their "game plan"* for gradually deflating the economy is working on schedule. They have some outside support; Economist Milton Friedman last week decried "the hysteria emanating from Wall Street." The President, however, is getting increasingly nervous. With a congressional election coming in six months, the economic situation leaves his party vulnerable to the kind of criticism voiced by Economist John Kenneth Galbraith: "It is very hard to combine inflation with rising unemployment and a stock-market slump, but the Nixon Administration has managed...
...half time. In the second half, the Knicks started three forwards and two guards and shifted to what they call their "inspirational defense." One part heart and three parts hustle, the pressing defense drove the Lakers-and 19,500 wildly cheering fans in Madison Square Garden-into a near hysteria. The undersized Knicks skittered around the 7-ft. 1-in. Chamberlain like squirrels under a sequoia, forcing the shaky Lakers to throw the ball away 19 times. Final score: Knicks 107, Lakers...