Word: pendulum
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Dates: during 1970-1979
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Today the pendulum is swinging back in favor of preaching. When search committees are scouting about for a minister to hire, the top things they are likely to look for are, as an old adage puts it, 1) Preaching. 2) Preaching. 3) Preaching. Right now there are around 200,000 Protestant preachers in America. Anyone presuming to choose the best would be guilty of the sin of pride, not to mention some shortage of charity and common sense. The following seven stars of the pulpit selected by TIME'S editors and correspondents across the country are at the very...
...restrictions and forbidding companies like Levi Strauss or Florsheim from setting minimum retail prices on their products, have benefited consumers. But the agency's excesses endanger its important consumer protection work. Says Republican David A. Clanton, one of the five FTC commissioners: "The trouble with the pendulum swinging the other way is that you knock out all the good stuff as well as chastising us where we need to be chastised." But when the final votes are taken on the various committee measures, Congress's antiregulatory mood is sure to result in a less powerful and less controversial...
...scenes were repeated as major earthquakes jolted the region around the small Mississippi River town of New Madrid, Mo. Because the region was sparsely inhabited, few lives were lost. Still, the shocks were so powerful that they caused church bells to ring as far away as Charleston, S.C., stopped pendulum clocks in Washington, D.C., and shook buildings in New York City. No seismographs existed at the time, but detailed descriptions by survivors indicate that the intensities of the three quakes would have ranged between 7.3 and 7.5 on the Richter scale. By comparison, the big quake that destroyed San Francisco...
...Belief that it would ultimately be proven true was the exception: skepticism was the rule. The "glorious tapestry" that we now appreciate was periously close to never being woven. So not only was guage theory momentous, but it was propitious, for with its discovery, the pendulum of scientific opinion swung in the other direction. As Bamberg suggests, "there's now abundant optimism where once there was none...
Harvard followed a conservative market strategy through the 1960s, when other investors were taking ever-larger risks, and today--though it remains prudent compared to most private investors--Harvard is buying more stocks. "We think stocks got over-valued from 1950 to 1972, and now there's a pendulum swing the other way," Putnam says. "We're taking this as a long-term opportunity to get some damn good stocks cheap," Cabot says...