Word: richer
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Dates: during 1970-1979
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...biggest lift is psychological. A bull market puts executives in an expansive mood, as the worth of their stock options goes up, and raises the morale of employees, who see the value of their stake in pension funds increase. Consumers who own stock directly or through mutual funds feel richer. If they do not have ready cash, a rising market increases their ability to borrow: readily marketable stock that is going up in price is excellent collateral on loans...
...whether swings in stock prices help to cause recessions and recoveries, as well as signaling them. The general view is that at the very least they have some impact. Among other things, rising stock prices make it easier for companies to raise money, and make millions of people feel richer and more cheerful-an economic factor of no small importance...
...soap, The Young and the Restless, earns more than $1 million a year. Patricia Falken-Smith, Days of Our Lives head writer, takes home $250,000, plus $35,000 just for "thinking creatively." The two senior writers under her make up to $100,000 each. Bell is probably even richer than Agnes Nixon, the writer who has welded Phillips' home truths to such trendy themes as cervical cancer, racial prejudice and drug addiction. Nixon has at one time or another written almost every soap and created two: One Life to Live and All My Children, the thinking man's soap...
...music of the Chieftains is an amalgam of two distinct Irish traditions: the single-voiced, unaccompanied pipe tunes of the folk people, and the richer, harmonized rustle of the Irish harp. It is the careful blending of the two that gives the Chieftains their special sound. Superficially, that sound seems fairly unsophisticated, resembling something halfway between a Renaissance dance ensemble and a bluegrass band. Bluegrass, of course, owes much to British folk music...
...Asked what his major intellectual influences have been, he says with a slight, sardonic smile, "That's an invitation to be pompous or obscure. If you say Irving Kristol and Aristotle, you're probably both." But he admits to being a conservative, with some qualification. "That's a somewhat richer and more complicated tradition than some conservatives. I'm not a Lockean. I'm more a Burkean," he says, distinguishing himself from other more libertarian conservatives like Barry Goldwater and Milton Friedman. Of the former, he observes, "He's a philosophic radical. He is, as Hayek is, a classic Whig...