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This unpleasant reality has forced a reassessment of values among many at the start of their professional lives.
"It's a whole new reassessment of values," one commentator suggested, while another posited that "America's love affair with shopping" may be over.
The foundations of a new economy will start to emerge, and I expect that a reassessment of values will precede this process.
Russell Simmons, a record mogul and chief executive at Rush Communications, which includes the hip-hop label Def Jam, said the impact of the terrorist attack and its aftermath would be far ranging, possibly leading to some form of reassessment of values in the rap world, where materialism has eclipsed the more political elements of music.
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Philip Alexandre, who owns the gallery that represents him, said that over the past decade Mr. Barnet and his work have begun to experience a pleasant art establishment phenomenon — "a reassessment of value," noting: "Younger artists are discovering him, and that's key".
In addition, a countywide reassessment of property values is scheduled to be complete by 2003.
Toronto taxpayers, confused and worried (partly by a planned reassessment of property values, until now based on 1940s figures), wonder why Mr Lastman believed Mr Harris in the first place.Yet the amalgamation has supporters too.
The apparent reluctance may be the result of a fundamental reassessment of the value of takeovers, one that was occurring even before the financial crisis.
On November 6th Kevin Warsh, a governor of the Federal Reserve, put it in dramatic terms: "We are witnessing a fundamental reassessment of the value of every asset everywhere in the world," he said.
"If London Met didn't go through a thorough revision of its courses, of the sort we've done, and a reassessment of the value it's giving to our students, I think it could have been at risk," says Gillies. "But we have gone through that and now I think we don't have that risk".
"She really came at a moment when there is a public reassessment of the value of identity politics through this brouhaha in the Senate," said Arlene Davila, a professor of anthropology at New York University who has written extensively on Puerto Rican and Latino identity.
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