Word: panic
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Dates: during 1970-1979
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There are some kinds of success, the painter Edgar Degas once remarked, that are indistinguishable from panic. So it seems with the present boom in the art market. For the past 15 years or so, collectors, dealers, auction houses and their willing accomplices, journalists, have been moved to pleasure, then wonder, and now to a sort of popeyed awe at the upward movement of art prices. If art was once expected to provoke un nouveau frisson, a new kind of shudder, its present function is to become a new type of bullion. Thus, we are told by art industry flacks...
Some of the ex-hostages of 1977 still suffer from panic attacks and phobias connected with their relatively brief ordeal. Lillian Shevitz of B'nai B'rith says the Iranian crisis has triggered an overwhelming depression by bringing up painful memories of the Hanafi takeover. That pain, she says, "will be with us a long, long time...
...accelerators, Los Alamos scientists entertain little but avuncular contempt for people who reject the inevitability of nuclear power "until their lights go out." Says a nuclear engineer in S division: "People will believe in myths until the energy and oil crisis is a reality. There was uncertainty and near panic at Three Mile Island, but people will realize it was not all that...
...capture the nuances of Ted's constantly shifting moods, Hoffman gives a performance of nearly infinite shading. Angry and bitter at the outset, his face pasty with panic, he gradually interjects notes of tenderness and compassion into his role. Ted's new values develop so delicately as to be almost invisible until a scene in which g he reassures his son that the child is not to blame for his mother's departure. Sitting at Billy's bedside, Ted explains that "Mommy left because I made her try to be a certain kind of wife...
...fraught with peril. There are only potential sellers of dollars out there, no buyers at all." Added Giuseppe Tome, an investment banker in Geneva: "The feeling exists in the banking community that a fuse has been lighted in world finance. No one is yet predicting an imminent explosion or panic, but if one does come, people will hardly be surprised...