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Word: legacyism (lookup in dictionary) (lookup stats)
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In the 1946 film, George Bailey took that advice to heart and, despite the requisite dramatic difficulties, made his family's building and loan association a pillar of the community. But in real life, the outcome has been much different. America's failed savings and loans have become the country...

Author: /time Magazine | Title: The Savings And Loan Crisis: Finally, the Bill Has Come Due | 2/20/1989 | See Source »

The real legacy of the exchange-rate intervention Baker began is the process itself, a model for the kind of international cooperation the U.S. must replicate if it hopes to retain its leading role in a multipolar world. "The start in building a multilateral system," says Richard Darman, "is a...

Author: /time Magazine | Title: Playing for the Edge | 2/13/1989 | See Source »

WALKER EVANS: AMERICAN PHOTOGRAPHS, Museum of Modern Art, New York City. These spare, poetic images from the Depression era gave American photography a candid new spirit and a lasting legacy. Through April 11.

Author: /time Magazine | Title: Critics' Choice: Feb. 13, 1989 | 2/13/1989 | See Source »

The unexpected muscle of the extreme right set off alarm bells throughout West Germany, where the Nazi legacy continues to torment the national psyche. Within hours of learning the ultra-rightists were to be seated in the legislature, 10,000 West Germans descended on the city hall, chanting "Nazis out...

Author: /time Magazine | Title: West Germany Blitzkrieg by the Ultra-Right | 2/13/1989 | See Source »

THE glorification of greed that defined the Reagan era may be on the way out, but its legacy remains. Time praised the women of the Bush family for popularizing dresses that cost "only" $800--a mere pittance compared to the $22,000 displays of conspicuous consumption that adorned Nancy Reagan...

Author: By John L. Larew, | Title: Post-Reagan Blues | 2/11/1989 | See Source »

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