Word: takings
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Dates: during 1960-1969
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...last analysis," wrote Marcel Duchamp, the most cerebral artist of the 20th century, "the artist may shout from all the rooftops that he is a genius; he will have to wait for the verdict of the spectator in order that his declarations take a social value and that, finally, posterity includes him in the primers of art history." Right now Oldenburg-and some of his fellow Popsters as well-seems assured of a place in the primers...
...surgery at the medical college; Dr. T. Joseph Reeves, chief of medicine at the college and a renowned cardiologist; and Dr. Thomas W. Sheehy, formerly a medical adviser for the U.S. armed forces in Viet Nam, now director of MIST and professor of medicine at the college. They take on the extra duty without pay, have already dealt with scores of cases ranging from heart blocks to overdoses of pills...
...Arts and Letters was destined to become one of history's great also rans. Paul Mellon's wiry three-year-old lost by a neck to the magnificent California chestnut, Majestic Prince, in both the Kentucky Derby and the Preakness. The Prince was favored to take the Belmont Stakes and thereby become the first thoroughbred to win racing's Triple Crown since Citation turned the trick in 1948. But the race was not even close: guided by the steady hand of Braulio Baeza, Arts and Letters whipped Majestic Prince by 5½ lengths...
...wage-price "guideposts" or "jawbone" jousting with business and labor over excessive price or wage boosts. The old guideposts permitted annual wage increases of 3.2%, an amount equal to average gains in productivity over a long period. Now productivity is falling, and workers can hardly be expected to take wage cuts to match the decline in output per man-hour. As for jawboning, Nixon's Republican advisers consider it unfair and almost immoral to single out individual companies or industries, as Presidents Kennedy and Johnson did, for public or private attack over prices...
...scheduled airlines' growing fear of the increasingly popular cut-rate charter lines, which offer high-season round-trip Atlantic fares for as little as $150. The scheduled carriers are particularly disturbed by abuses of the "affinity rule," which decrees that only members of bona fide organizations can take charter flights. Recently, a group calling itself the "International Order of Old Bastards" arranged a charter trip from the U.S. to Mallorca. Unamused, Pan Am executives complained to the CAB; meanwhile the flight was canceled...