It seems like the 1950s were in vogue in the 1980s. There were quite a few films in the 1980s set in the 1950s. Some of them were actually good. Here are a few.
MISCHIEF (1985)
Doug McKeon plays the consummate virgin in this one. It's a slice of life, coming of age, blah, blah, blah, blah. You know the racket. I liked it and it can be found on the Amazons for $70. Less if you're okay with VHS. Netflix is a less-expensive option, but no streaming yet. Look for Jami Gertz as Rosie and Barbarino's wife Kelly Preston (the internets seem to like her nude scene).
PEGGY SUE GOT MARRIED (1986)
Keep an eye out for a young Nicholas Cage (before he got unwatchable), and a Jim Carrey before he taught us how to laugh. Francis Ford Coppola directs. Not bad, but Cage's speech inflection may cause pain after an hour. He re-embraced this affectation for G-Force.
BACK TO THE FUTURE (1985)
Another time travel yarn. Very good if not entirely accurate. Lots of fun, and available on Blu-ray before the end of the year. The sequels are optional. If you loved Family Ties, watch this.
STAND BY ME (1986)
This is the one that started me down the path. I noticed that my local liberry was offering free audiobook downloads and Stephen King's The Body is the first one I chose. From there, I got Stand By Me streaming on Netflix for (relatively) free. Very good story, among King's best. Very good movie, among Reiner's best. Launching the careers of Wil Wheaton, Keifer Sutherland, River Phoenix, Jerry O'Connell, John Cusack, and Corey Feldman, Stand by Me struck a note for sure.
I don't want to live in the 1950s, but I wouldn't mind visiting.
-Lefty
Dead Poets Society (1989)
Another great film, full of inspiring prose and great ideas. This movie made me want to listen to classical music and read poetry. Instead I got drunk and played Nintendo.
Dead Poets introduced us to such talents as Josh Charles, Robert Sean Leonard, Ethan Hawke, and Red Forman himself: Kurtwood Smith. Also in the cast was the great Norman Lloyd. Not playing a likable character, but a wonderful actor with a fantastic history (worked with Orson Welles and Hitchcock). There was also some small-time hack named Robin Williams.
The only thing I'd have changed if it was mine would be to keep Williams on a shorter improv leash.