Word: mania
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...This was the inevitable result of the fame he enjoyed in the last quarter-century of his life, a fame such as no artist in history had known. It could only have been created by the pressures of the 20th century, with its mass magazines, its art market, its mania for promiscuity among famous names combining in the most sustained exercise in mythmaking ever to be visited on a painter. In the end he was trapped by his own reputation, the idol and prisoner of his court of toadies and dealers, fawned on and denied the ordinary resistances against which...
...Toffler fills the first 140 pages of his book with an explanation of the Second Wave, born of the Industrial Revolution. The subtitles that break up the copy every page or so yield the basic scheme, not to mention mentality, of Toffler's discussion. "The Technicians of Power." "Mechano-Mania." "The Streamlined Family." "The Paper Blizzard." "The Progress Principle." Under industrialism, he argues, life is as nasty, brutish and short as it ever...
...rich region like spring wild flowers, are attempting to turn oil leases into sizable fortunes. Their offering circulars detail risks that would daunt the faint of heart. Speculation also fits the local mood. Ever since gold-rush days, Colorado has been flush with get-rich-quick gambits, a mania seen in the uranium boom of the mid-1950s...
...explosion in metals prices fuels inflation psychology by undermining confidence in money itself and making it seem smarter to spend the currency on almost anything rather than save it. Metals mania also vindicates such economic Cassandras as James Dines and Franz Pick, who for years have urged investment in gold as a safe hedge in an in flation-weary world economy. As gold soared, the dollar continued its plunge against foreign currencies, hitting an all-time low of 1.70 deutsche marks, and sinking against the Swiss franc, Japanese yen and British pound, though it recovered somewhat at week...
...what, exactly, does it mean? On the most obvious level, it means what everyone knows: that money is losing value. But it also means that we are in the grip of a wave similar to what, in 17th century Holland, was known as the Tulip Mania. The tulip was then a comparatively new import from the Near East, and mutant specimens, with irregular stripes, were prized as rarities-so prized that men would mortgage their villas and their fields. The tulips had little intrinsic value. Their worth as commodities was a function of pure, irrational desire, and their economic fate...