Word: idealisms
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Dates: during 1980-1989
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Whitehead says that foreigners also fuel the demand for currency by holding American greenbacks abroad to protect themselves against changes in the value of their money. Despite the declining value of the dollar in the past decade, American currency remains ideal for this purpose because it is readily accepted almost anywhere in the world...
...idea of producing Falstaff originated four years ago, when Giulini became music director of the Los Angeles Philharmonic, succeeding Zubin Mehta. He and Ernest Fleischmann, the orchestra's shrewd executive director, agreed that Giulini would lead at least one fully staged opera under ideal working conditions during his tenure. Since 1968, when he performed Mozart's The Marriage of Figaro at the Met, Giulini has turned down all offers to conduct opera in the theater. Accustomed to only new productions at such major opera houses as Milan's La Scala and London's Covent Garden, Giulini...
...whom are hotly pursued by collectors here and abroad. One can see why Chia, 36, has a following. It is hard either to dislike his work (it is too educated and, often, too funny for that) or be really moved by it (for the same reasons). It is ideal decor for the early '80s, revivalism tempered by well-placed clues of irony. It is chic, like a Fendi fur with metaphysical yearnings. Chia can run up a good-looking, hyperactive surface-all those squiggles out of Cy Twombly and the flecks of color applied in an ornamental parody...
Here, prices are substantially lower than those for 19th century works, making them ideal entry points for the new collector, but not for jittery investors. Consider these risks: Robert Frost brings 25% less than he did a decade ago, Hemingway is barely holding, and Faulkner is sluggish. On the other hand, Wallace Stevens' rare first volume, Harmonium, $2 when published in 1923, can bring $800. The far more recent works of John Updike, John Cheever and Saul Bellow have done nearly as well. Some sharp collectors bought John Gardner's first novel, The Resurrection (1972), for cut-rate...
...settlement. That must be achieved by genuine compromise--Israel must retreat from its stubborn West Bank policy and the PLO must back down from maximalism. Neither the status quo which Begin supports nor the status quo ante which the PLO trumpets has much grounding in the reality or the ideal of pace...