Word: classicism
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Dates: during 1960-1969
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...Classic Mistake...
...Pentagon was appalled that no full mobilization of U.S. manpower was ordered, and that their suggestions for committing up to 750,000 troops as soon as they could be assembled were ignored. "Gradualism was the classic mistake of the McNamara crowd," sums up one Pentagon officer. Says another: "The American people won't support a long war-but they would have supported a short one if we had got in and got out quickly...
...ADVENTURES OF PINOCCHIO, by C. Collodi, illustrated by Attilio Mussino (Macmillan; $9.95). A reissue of the 1925 classic blots out Walt Disney and half a dozen other abridged and syrupy substitutes that have intervened. Here Pinocchio can be seen again as what it is: a morality tale about the rewards of mendacity; cruel, fearful and utterly charming...
...cohesive composition. Several artists experienced difficulty in holding pencil or brush. One became paralyzed; another traumatically relived his experiences as a World War II flyer. Under the drug, an artist may lose all desire to create anything at all. His capacity for self-criticism is seriously damaged, and the classic reaction on seeing his work in the cold light of day is that it seemed so much better when he was making...
Right or wrong, that statement is a classic example of the thinking now creating turmoil in U.S. financial markets. Attention has focused on its impact on the stock market, where traders are increasingly depressed by the fear that inflation, and with it tight money, will continue indefinitely. In the past three weeks the Dow-Jones industrial average has dropped almost 50 points, to last week's close of 812, barely above the year's low. Trouble is much worse in the bond and mortgage markets, the nation's primary channels for funneling savings into the construction...