Word: lesson
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Dates: during 1980-1989
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...past decade has a lesson, it is that traditions die hard at the nation's oldest institution of higher learning. Even at Harvard, changes are inevitable, but not many and not often...
...PIANO LESSON. August Wilson's Broadway-bound drama, at Washington's Kennedy Center, is the finest work yet from the foremost active American playwright, a heart-rending family debate over how to deal with the legacy of slavery...
...that's a lesson that Ciavaglia--known as Mr. Assist for his tendency to make plays rather than finish them--could garner some advice from...
...what is done is done. The hard lesson of the past decade is that liquidity, to many people, may be all that art means. The art market has become the faithful cultural reflection of the wider economy in the '80s, inflated by leveraged buyouts, massive junk-bond issues and vast infusions of credit. What is a picture worth? One bid below what someone will pay for it. And what will that person pay for it? Basically, what he or she can borrow. And how much art can dance for how long on this particular pinhead? Nobody has the slightest idea...
...course, this would have been exactly the feeling of a cultivated Japanese in 1885, watching his cultural patrimony being politely stripped by American collectors, led by Ernest Fenollosa and the "Boston bonzes." The emerging lesson of the late '80s, which is unlikely to change in the '90s, is that America no longer controls the art market to any significant degree. Mostly, it sells. Its buying power is fading fast...