Word: 21st
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...first 21st century contribution to this genre was Gordon G. Chang's The Coming Collapse of China (2001), which predicted that the Communist Party was on its last legs (though nine years later it's still standing). More recent Big China Books include Will Hutton's The Writing on the Wall (2006), which claimed the P.R.C. would be unable to continue its upward climb unless it converted to Western ways, and Martin Jacques' When China Rules the World (2009), which countered that Beijing is destined to displace Washington as capital of the world's leading superpower - and will not have...
...Wasserstrom is a professor of history at the University of California, Irvine, and the author of China in the 21st Century: What Everyone Needs to Know, to be published in April by Oxford University Press...
...initiative, for now at least, is more about what NASA plans to cancel than what it plans to pursue. The six-year-old Constellation program, which had been focused on developing new boosters, Apollo-like orbiters and a 21st century lunar lander, all with the goal of making long-term stays on the moon possible, will be scrapped, after $9 billion and a single flight of the Ares 1 booster last October. The longer-term goal of venturing out to Mars is being tabled along with it. (See pictures of the Ares rocket...
...21st century, the agency will be turning to a mix of suppliers to dream up its rockets, notably United Launch Alliance (ULA), a joint venture of Lockheed and Boeing. The company already has a big and impressive lineup of boosters that it sells regularly to the military and commercial launchers. And with 37 flights in the past 36 months, it clearly knows its business. The problem is that ULA rockets were not built for the trickier job of launching people, and not a single one of them is crew-rated. It will take at least four years to make...
...sights on a larger problem as well. For too long, he argues, economists and policymakers have relied on the erroneous assumptions that markets are fundamentally efficient and material wealth is the best measure of an economy's health. "The model of 19th century capitalism doesn't apply in the 21st," he writes. What we need now is "a new vision"--one that recognizes innovation as the true engine of economic growth and views government as a facilitator, not a roadblock. The crisis has given us an opportunity to rethink our economic order, says Stiglitz. The biggest danger is that...