Word: 21st
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Wrong. It's the other way around: Chile is more developed because it's doing things right. The same goes for Brazil, Uruguay, Costa Rica and a handful of other Latin American and Caribbean nations that have decided in the 21st century to stop running their societies like medieval fiefdoms. They've conceded that niceties like rule of law, accountability, education, entrepreneurial opportunity and administrative efficiency actually have merit. And they've stopped making worn-out excuses, like the threats of communism or U.S. imperialism, for not modernizing their political and economic systems. (See TIME's complete coverage...
...bleak picture. "The demilitarization of Europe - where large swaths of the general public and political class are averse to military force and the risks that go with it - has gone from a blessing in the 20th century to an impediment to achieving real security and lasting peace in the 21st," Gates warned...
...food, expensive liquor stores, and George Daugherty, our familiar Spare Change newspaper vendor, have in common? They all find Cambridge to be a profitable spot for business. Renowned for being home to two of the most prestigious universities in the world, Cambridge can now also boast of being the 21st richest urban area in America...
Using U.S. Census data from 2008, Portfolio.com surveyed the nation’s 420 biggest cities with populations above 75,000 and ranked their relative wealth based mostly on income and real estate prices. Cambridge came out as the 21st wealthiest center, with a per capita income of $47,938, almost twice the national average of $27,589. And how expensive exactly is a house in Cambridge? With the median price of homes hitting about $579,700, Cambridge is also the third most expensive city in the Northeast region...
...year ago, with the prospect of a second Great Depression terrifyingly real, many were quick to cast Barack Obama as another FDR. The prospect of a 21st century New Deal formed part of a larger narrative about the 2008 election. Fueled by anger over two unpopular wars, an economy in meltdown and simple Bush fatigue, voters weren't merely repudiating the status quo. In choosing Obama, they had transformed a center-right country into a center-left one. (See TIME's special report on the legacy of F.D.R...