Word: waddington
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Dates: during 1970-1979
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...whole scene is slightly crazy," said Leslie Waddington, a leading London dealer who attended the sales-and observed that few of the offerings were of premier quality. "It's public insanity...
...some critics, the auction houses' success is excessive. While no one blames them for dizzy prices-they are not their bidders' keepers-even dealers who are making wild profits as a result of the art boom evince a certain distaste for the whole process. London's Waddington points out that the auction world's Big Two, unlike most thriving corporations, do not plow back even part of their profits into research, grants for young artists or gifts to museums. Says he: "They are simply dealing in commodities." There is a gavel-size black cloud over...
...pages to a "Blueprint for Survival" that also projects disaster and argues for quick action to end exponential growth. The article gains its authority not from computer studies but from the endorsement of 33 of the U.K.'s most distinguished scientists, including Biologist Sir Julian Huxley, Geneticist C.H. Waddington and Naturalist Peter Scott. Unrestricted industrial and population expansion, they warn, must lead to "the breakdown of society and of the life support systems on this planet-possibly by the end of this century and certainly within the lifetime of our children...