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...fiction. "That used to be a real novelty act, or something that was done with kid gloves or with heavy irony," notes Lethem. "Now, a lot of writing has a very natural degree of engagement with the vernacular culture." Look at someone like Sittenfeld, whose Prep, a wildly readable account of a Midwestern girl floundering at an élite Eastern boarding school, became a surprise best seller. Is she a literary writer or a commercial writer? The distinction no longer seems to apply. She's just a good writer...

Author: /time Magazine | Title: Who's the Voice of this Generation? | 7/2/2006 | See Source »

Certainly, there are other things that could account for what makes some kids battlers in school and others not. But the most powerful variables--parents and personality--were identified and their influence isolated during the course of the two-year-long observations. Socioeconomic status, an X factor that bedevils studies like this one, was controlled by selecting all the families from the same economic stratum. Distill those influences away and what is left is the interaction of the sibs. "Siblings have a socializing effect on one another," Shaw says. "When you tease out all the other variables...

Author: /time Magazine | Title: The New Science of Siblings | 7/2/2006 | See Source »

Roosevelt left a recollection of the meeting, which remains a classic moment in the history of dealings between business and government. In that account, Morgan asks Roosevelt why he had not quietly allowed Morgan to take care of the problem without resorting to the courts...

Author: /time Magazine | Title: Fighting the Fat Cats | 6/25/2006 | See Source »

...with the glee of a burly bloke in a blue singlet. Kiwi workers complain that Costello's counterpart Michael Cullen is being a scrooge on fiscal policy, stacking up Budget surpluses when there's a good case for tax relief. But Cullen has no room to move. A current account deficit heading toward a "Banana republic" rate of 10% of gdp puts enormous pressure on the Kiwi dollar. A place that boasts the lowest jobless rate among rich nations can neither hold on to its best people nor save enough to fund its lifestyle. Sometimes the lights...

Author: /time Magazine | Title: Warnings from New Zealand's Birdcage | 6/25/2006 | See Source »

...Looking at how these countries are adapting to geopolitical and economic forces, taking into account different aspirations and responsibilities, Australians are both more fearful and more engaged than New Zealanders. Australia's economic ambitions are closely entwined with the growth of China and India; the Kiwis are yet to be recognized as players in this game. Australia's government is strapped on to the Americans in Iraq, while its troops are leading local interventions in East Timor and the Solomons. Under Prime Minister John Howard, Australia's politics have shifted to the right. Although less "p.c." than she appeared...

Author: /time Magazine | Title: Warnings from New Zealand's Birdcage | 6/25/2006 | See Source »

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