Stefan Lorant

Stefan Lorant, the pioneering photojournalist, was born at the turn of the twentieth century and died 96 years later, at the century’s end. In between, everywhere Lorant went and everything he did ended up having momentous consequences. Some of those consequences were micro and personal – but memorable – while others were macro and geopolitical. …

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China’s Xi Is Having a Really Bad War

“Putin’s War Is Xi’s Worst Nightmare” — Headline above Craig Singleton’s article in Foreign Policy The term idée fixe refers to a monomania of the brain, a pathology of the mind, an erroneous notion that nonetheless powerfully resists almost any attempt to modify it. When an idée fixe establishes itself in the mind of an all-powerful autocrat, the consequences are always …

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The Fed and Inflation

Editor’s note: Pittsburgh Quarterly has regional financial experts to respond to this question: Inflation has proven to be higher and “stickier: than the Fed expected. Do you think the Fed’s policies are appropriate or is the Fed behind the curve? What is your best estimate for inflation at the end of 2022?   Linda Duessel, Federated …

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Pittsburgher’s Report

The sun burned brightly on june 17, 1876, promising a hot day in southwestern Montana. Gen. George Crook’s column of about 1,300 soldiers, friendly Indians and civilians relaxed while their horses chomped prairie grass and quenched their thirst in Rosebud Creek. At about 8:30 a.m., as Crook played whist with fellow officers, Crow and Shoshone …

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Let’s Take “the Pits” out of Pittsburgh

In my spring column, I wrote about the borough of Wilkinsburg, encouraging Pittsburgh City Council to vote in favor of annexing the failed municipality. When I wrote it though, it had been years since I’d veered off of Wilkinsburg’s main drag — Penn Avenue — and actually explored the borough. Last month, I drove all …

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On a Pedestal, Summer 2022

When Harris Ferris became executive director, the Pittsburgh Ballet Theatre had lost its orchestra and faced a mountain of debt and a dubious future. Nearly 17 years later, he leaves the PBT stronger than ever. A former principal dancer, armed with a Rutgers MBA and a winning personality, Ferris expanded the company’s national and international …

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The Perch

I have found a perch. It’s at the top of a rocky, rutted trail that shoots up a 70-degree angle from terra firma. Today’s destination: closer to the clouds. I have a book, The Genius of Birds, an old, wooden folding chair that functions as a plant stand in our living room, and a bottle …

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Seven Young Women Debut at the 96th Cinderella Ball

Friends and family gathered over Memorial Day weekend at the Allegheny Country Club for the 96th presentation of the Cinderella Ball.   The Ball celebrates a formal introduction to society for a group of debutantes and the culmination of a year of charitable work and personal development through the completion of the Leadership Forum for Young …

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Taking Flight With the Ordinary

“Speaking from the gut” was known in ancient Greece as gastromancy. It also became known as an early form of ventriloquism. According to Encyclopaedia Brittanica, “the noises produced by the stomach were thought to be the voices of the unliving, who took up residence in the stomach of the ventriloquist. The ventriloquist would then interpret …

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U.S. Policy Blunders Helped Provoke Ukraine War

Whose Fault is the Ukraine War? “[Post-Cold War], many American elites embraced a vision of a U.S.-led ‘liberal international order’ which could theoretically integrate the entire world… into a single, globalized whole.” –  Stephen Kotkin, Princeton University Previously in this series: A Coat of Varnish Part V, ESG Investors Need to Wake Up to Reality …

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How About a Delicious Peach Cobbler (and more)?

There is something about comfort food that evokes a feeling of old-fashioned delight. And when it comes to dessert, there’s nothing like fruit cobbler, bread pudding, gobs or banana pudding to transport you to a time when calories didn’t count and a big scoop of dessert made everything better. Today, not everyone has time to …

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Rough Ride for Markets

Editor’s note: Pittsburgh Quarterly asked regional financial experts to respond to two questions, one about effects on the economy of the war in Ukraine and the other of the effects Federal Reserve actions (or inaction). Many of their answers to the first question are below, followed by the second question and many of their answers …

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ESG Investors Need to Wake Up to Reality

Will ESG Finally Grow Up? “ESG is a huge, gross gravy train for fund managers, consultants, and marzipan layer technocrats of various flavors. The whole thing is rotten.  If you work in the space, your choices are to be a useless idiot trolling in the trenches for what you think is a good cause, be …

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Opportunity Awaits, but…

Kendell Pelling knows vacant and blighted property. For more than 15 years he was in charge of land recycling at East Liberty Development, Inc. There, he saw how, even in a real estate market that was heating up, new houses priced to sell couldn’t find a buyer when blight was nearby. But once the abandoned …

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Pittsburgh Quarterly Wins 15 Golden Quills

For the 16th year in a row, Pittsburgh Quarterly led all magazines by a wide margin in the Press Club of Western Pennsylvania’s Golden Quill Awards for journalistic excellence.  PQ writers, photographers, illustrators and cartoonists dominated the 58th annual competition with 15 Golden Quills, including Best of Show.  If you would like to read and …

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Making the Cut

I need to get the chains from our chainsaws resharpened, but there’s a line at Lloyd’s counter. June is standing in front of me, a gas-powered, STIHL MS 251 CB-E with the 20” bar in her hand. June is 80 years old. Thin as a rail. Her back curves like an S, she kinda leans …

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The Fed’s Failure – and There Goes Climate Change

The Fed Is Having a Bad War “The Fed’s odds [of achieving a soft landing] are now substantially below 50-50.” — Alan Blinder  “The Fed that Failed.” Title of an article in “The Economist” “I have been humbled.”  Fed Chair Jay Powell Previously in this series: A Coat of Varnish Part IV, History’s Lessons and Historic …

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Will Stocks Go Lower this Year?

Editor’s note: Pittsburgh Quarterly asked regional financial experts to respond to this question: “Do you believe U.S. markets have already seen their lowest levels for 2022?  If so, why?  If not, why not?” The question was asked in March with an April deadline. We thank them for giving readers their responses, which follow. Linda Duessel, …

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The Tamburitzans, Pittsburgh’s Oldest Stage Act, Holds Fundraising Gala

“The Tamburitzans share the world’s cultures through folk song and dance, as well as through authentic ethnic dress, with audiences across the United States,” said Alyssa Bushunow, Tamburitzans Executive Director. “By coming together to celebrate the folk culture of diverse nations — most traditionally those in Central and Eastern Europe —The Tamburitzans transcend politics to …

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Hampton, Gumberg, Fox, O’Brien, Weber, Green

Slide Hampton, 89The virtuoso jazz trombonist, bandleader and Grammy Award-winning composer and musical arranger hailed from Jeannette, where his sister gave him the nickname Slide. One of 12 children, he spent his entire life in music, beginning as a singer and dancer with a family band and progressing to trombone at age 12. The Hampton …

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PICT Theatre’s “Endgame”

“Endgame” is an enormous play set in a small room occupied by four persons who speak absurdly, recounting stories or delivering monologues apropos of nothing — as nursing home residents often do — prompted by memories that float into their minds from the effects of old age, disease, or boredom.  Written by Samuel Beckett as …

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History’s Lessons and Historic Mistakes

Angela Merkel’s Reputation Is Trashed – But Is America at Fault? Merkel’s reign at the top of Germany’s political apparatus was remarkable, and she stepped down as something of a secular saint with a 77% approval rating. But it’s amazing what six months can do. Previously in this series: A Coat of Varnish Part III, …

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