Word: sky-high
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...collect little-known artists for sheer, not sneer, enjoyment. Since a layman's taste is apt to be better than he imagines, such independent collectors may find themselves possessing the blue-chip pictures of a future market. The blue chips of the School of Paris have now climbed sky-high in price, may or may not go higher. Last month Manhattan's Museum of Modern Art paid $20,500 for a Soutine landscape that sold at only $2,500 nine years...
...best bits of Tomorrow are Wylie's orgiastic descriptions of falling bombs and U.S. cities going up in sky-high sheets of fire. They are effective for the simple reason that Wylie has been expecting a large-scale annihilation of his erring fellow men for many years and can therefore write of it with passionate intensity. Indeed, he concludes that bombing may be regarded as an "ultimate blessing," because total devastation provides "opportunity for young men" and gives architects a chance to design better cities. Moreover, by obliterating Mr. Bailey and his embezzlements, it gives Lenore the chance...
...price cuts for several important reasons. One of them-and a good one-is that in the supercharged U.S. economy, there are many obsolescent, high-cost plants in operation. As long as they operate, they help keep prices up, dissipate the advantages of efficient plants. The other arguments, that sky-high wage and material costs make price cuts impossible, are not so easily defended. While high wage rates are frozen into the economy, the prices of many materials are already melting, and commodity prices, in general, are more than 5% below their highs of two years ago. Furthermore...
Auto-insurance rates, which have risen sharply since World War II, appear to be on the way down. Rates have soared because 1) courts have been handing out sky-high judgments in accident cases (TIME, Aug. 27, 1951 et seg.) and, 2) the accident rate itself, notably among young drivers, has gone up alarmingly (28% of all drivers involved in fatal auto accidents in 1951 were under 25). But as the rates went up, independent auto-insurance firms began cutting their rates and snatching business from the large companies. Last week a number of big companies got ready to meet...
...another plum to Russia's citizens, the Kremlin announced a general price reduction on 125 items of consumer goods. The cuts range from 5% on wines and woolens to 50% on fruits and vegetables; theoretically, they will lower the sky-high Soviet cost of living by 8%. But previous price cuts have been largely offset by increases in taxes and by taxpayers' "loans" to the government. The latest markdowns leave the average Russian worker laboring more than a week for a cheap pair of shoes, 18 weeks for a top-quality suit-when he can find them...