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Decade Blending: In clothing: the indiscriminate combination of two or more items from various decades to create a personal mood: Sheila = Mary Quant earrings (1960s) + cork wedgie platform shoes (1970s) + black leather jacket (1950s and 1980s).

 

Douglas Coupland

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For gay men this force of history has been made to come clean; it’s been stripped of its natural look. The very rapidity of change has laid bare the clanking machinery of history. To have been oppressed in the 1950s, freed in the 1960s, exalted in the 1970s and wiped out in the 1980s is a quick itinerary for a whole culture to follow. For we are witnessing not just the death of individuals but a menace to an entire culture. All the more reason to bear witness to the cultural moment.

 

Edmund White

 

Inflation is bad for growth—this has become one of the most widely accepted economic nostrums of our age. But see how you feel about it after digesting the following piece of information.
During the 1960s and the 1970s, Brazil’s average inflation rate was 42% a year. Despite this, Brazil was one of the fastest growing economies in the world for those two decades—its per capita income grew at 4.5% a year during this period. In contrast, between 1996 and 2005, during which time Brazil embraced the neo-liberal orthodoxy, especially in relation to macroeconomic policy, its inflation rate averaged a much lower 7.1% a year. But during this period, per capita income in Brazil grew at only 1.3% a year.
If you are not entirely persuaded by the Brazilian case—understandable, given that hyperinflation went side by side with low growth in the 1980s and the early 1990s—how about this? During its ‘miracle’ years, when its economy was growing at 7% a year in per capita terms, Korea had inflation rates close to 20%-17.4% in the 1960s and 19.8% in the 1970s. These were rates higher than those found in several Latin American countries ... Are you still convinced that inflation is incompatible with economic success?

 

Ha-Joon Chang

 

The Pentagon’s judgments about the world have generally proved sounder than the CIA’s. In the 1960s, the CIA said that the Soviets wouldn’t put missiles in Cuba; in the 1970s, that their missiles weren’t accurate; in the 1980s, that the missile budget wouldn’t bankrupt Moscow; and in the 1990s, that Russia’s democratic reforms were irreversible. In each case, the Pentagon argued the opposite case, and turned out to be right. Similarly, in the 1980s, the CIA said that the Soviets weren’t sponsoring terrorism, and then, in the 1990s, that Sunni and Shiite terrorists wouldn’t cooperate. In each case, again, the Pentagon rightly claimed otherwise.

 

Mark Riebling

 

Old friends, like old shoes, are comfortable. But old shoes, unlike old friends, tend not to be supportive: it is easier to stumble and sprain an ankle while wearing a pair of old shoes than it is in new shoes, with their less yielding leather.

 

Alexander McCall Smith

 

During the 1960s, and again in the 1970s, growth in manufacturing productivity in the United Kingdom was the lowest of all the seven major industrial countries in the world. During the 1980s, our annual rate of growth of output per head in manufacturing has been the highest of all the seven major industrial countries.

 

Nigel Lawson