Word: 1920s
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...Economic history has seen other such surges, and the classic U.S. example involves the perverse proportionality of how the binge of the 1920s was followed by a three-year wringing-out after the 1929 Crash. Thus it's highly relevant - and a little scary - that experts are beginning to compare current circumstances with the precedents of that...
...unnerving analogies don?t stop there. The twenties and the combined eighties and nineties blew up huge stock market bubbles around technology - automobiles, radio, aviation, electronic utilities and appliances in the 1920s, and more recently, the Internet, chips, software, bandwidth and biotech. The small top tier of Americans with the large stockholdings are always lopsided beneficiaries, which increases the concentration of wealth and income in the top one percent (especially the top one-tenth of one percent). By 1928-29, the top one percent share of total U.S. wealth (some 40-44%) and income (some 17-19%) maximized at levels...
...sure, such a lavish tribute seems wholly inappropriate for a ruthless killer who made his living through hijacking, racketeering, extortion and drugs. Yet the virtual lionization of underworld figures is nothing new. During the 1920s, America’s mass media helped transform certain groups of brutal outlaws—namely, ethnic Irish and Italian hoods that operated within highly structured criminal syndicates—into pop culture icons. For many impoverished European immigrants, the rags-to-riches, Horatio Alger-like tales of powerful mobsters such as Big Jim Colosimo and the infamous Al Capone seemed to epitomize the American...
...back in 1932, when Fred came to Hollywood, moguls could be forgiven for not spotting a potential movie star. He and Adele had danced through hit Broadway shows for a dozen years, but Adele was the star; Fred was "and." In "Make Believe: The Broadway Musical in the 1920s," Ethan Mordden passes along a typical notice for the sibs' "Lady, Be Good": "Stark Young spent the first half of his Times review entirely on her - 'Adele Astaire Fascinates,' ran the headline - and could say no better of Fred than that he 'participates enthusiastically and successfully in most of Miss Astaire...
...following. And they are not alone. Gypsy music is stirring audiences around the world. Top bands from Central Europe are playing upwards of 100 foreign gigs a year. Filmmakers are hungry for their scores. Critics have likened the outpouring to the birth of jazz in the U.S. in the 1920s. Says Simon Broughton, co-editor of The Rough Guide to World Music: "The music does what music should do. It tears at your heartstrings and gets your blood racing." This summer Taraf de Haïdouks is moving on to the International Istanbul Jazz Festival (July 6). Fanfare Ciocarlia...