Word: professionalism
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Dates: during 1980-1989
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Luis Barragán wins his profession's richest prize
A rancher's son, Barragán spent much of his youth riding horses, attending fiestas and visiting marketplaces. He planned to be a rancher himself, but his mother insisted that he have a profession. He chose civil engineering but developed an interest in architecture while taking his degree at the...
He looked like a toad, as he said of himself. His sexual life was more intricate than the plot of a Restoration comedy; and he once remarked, with a humor rare in his profession, that sex preoccupied him far more than philosophy. He did not write like a philosopher either...
Then, with the routine purchases safely inked into his order book, he would make the big try. "Now, you're an intelligent man," he would admit to the proprietor, "and you might say dollars don't come easy, and why should I spend mine on one of these...
The economics profession, which for four decades was dominated by John Maynard Keynes' disciples, who stressed a strong stimulative role for the government in the economy, is now swinging away from state solutions. The new Rational Expectations school, led by the University of Chicago's Robert Lucas and the University...