Word: wising
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Dates: during 1980-1989
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...Yours," in An Amateur's Guide To The Night, Mary Robison. A wise, poignant pumpkin-carving story from Harvard's own writer-in-residence. Apart from letting you cool down after the macabre O'Connor, "Yours" reveals a more human side to the Halloween season. And Robison finds a beautiful metaphor in the dying flame at the heart of every jack-o'-lantern...
...began their period of greatest influence, after World War II, the Soviets were our staunch allies, and the thought of becoming international policemen was anathema to a nation that Harriman said wanted nothing more than to "go to the movies and drink Coke." Harriman was the only Wise Man ever elected to public office, and that was for a single term as Governor of New York. He and the other solons shuttled between Government and business, "substituting for each other," note the authors, "like lines in a hockey game changing...
...Wise Men encompasses this center of influence with vigor and style. Walter Isaacson, the Nation editor of TIME, and Evan Thomas, Washington bureau chief for Newsweek, rely heavily on anecdotes and quotations to convey the nuances of personality and politics. Harriman, son of an American robber baron, was hampered by mumbled diction and a seeming inattention to details. Lovett, who would serve as Secretary of Defense, was a childhood friend of % Harriman's. Acheson, Secretary of State from 1949 to 1953, was more responsible for the Marshall Plan and the Truman Doctrine than the general and President whose names...
...Kennan. Yet they have no doubts about his unmatched foresight. He predicted the Sino- Soviet split and accurately saw that Russia would continue to be a threat because "its perverse paranoia and historical expansionism had been abetted and amplified, but not caused, by the Marxist doctrine." Kennan gave the Wise Men a persuasive tool; when they wanted to argue for an increased U.S. role in international affairs, they invoked the Red menace. It was an effective ploy, but it also proved to have unforeseen and cataclysmic consequences. In making their arguments, the sages of Foggy Bottom created a bogeyman fierce...
...experts generally agree that people are wise to lock in longterm profits by selling investments that have already increased greatly in value. But taxpayers might be foolish to dump an investment that is in the middle of a growth spurt. Future profits might be worth far more than the tax advantage gained by selling them now, notes Wallace Turner, a New York City broker for the investment firm of Smith Barney. Says he: "Our culture has put such value on tax breaks that even the savviest investors wonder whether they should dump their best-performing stocks." Wall Streeters hope that...