Word: wisdom
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Dates: during 1980-1989
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...There's always that danger. But in fact his unilateral action affirms the wisdom of what we've been doing. He appears to have decided that massive military investments do not give him a suitable return, because the West is determined not to be intimidated. We've said all along the Soviets have more military than they need. He's responding to our agenda. But we're dealing with a first-rate politician, and he's bound to harvest some political goodwill...
...imagination. As lived moment to moment, he contends, human existence is mostly ritual, habit and numb unawareness. Rather than be wistful for the life that is no longer, or never was, we should be open and venturesome in the time we have. The message is simplicity itself, yet its wisdom is so powerful that it has been echoed -- if never improved upon -- in countless sermons and self-help books...
...maybe the Woman of the Future. For Nichols' film is also as modern as the 21st century challenge that faces America. How will the working class be educated to survive and thrive in the computer age? This intoxicating movie has an answer: let her strut her outer-borough wisdom from Wall Street to the Pacific Rim. Watch her fatten portfolios as she melts hearts. With working girls like Tess, America ain't down yet. -- Richard Corliss...
Soviet generals might someday be equally tempted to launch a pre-emptive attack on the radar-avoiding B-2 Stealth bomber, which former Defense Secretary James Schlesinger boasted "makes obsolescent $200 billion worth of Soviet air defenses." Traditional wisdom holds that U.S. bombers are not first-strike weapons, since they would take up to eight hours to reach their targets. But if the B-2 can fly over the Soviet Union undetected, the Soviets could reasonably fear a sneak "decapitation" attack on their leadership. In that case, editorialized Aviation Week magazine, "this new U.S. deterrent might serve to incite them...
Leveraged buyouts seemed like a small-time, unglamorous financial gimmick when KKR began hawking them on Wall Street in the mid-1970s. But the arrangements were an immediate hit with managers who saw the wisdom of taking their companies private to escape corporate raiders. LBOs were also a boon to promising firms that wanted to grow outside Wall Street's harsh spotlight...