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...catching up to the global No. 1, General Motors, the reputation of its cars was slipping. Spear, who has apprenticed in Toyota factories, says the problem was that the "Toyota way" - in which knowledge accumulated by élite cadres of engineers and assembly workers over many years is shared across the company - was diluted by the demands of production. "Even in the late '90s, people in Toyota would say, 'This is going to bite us in the ass,' " says Spear. "They just didn't know when...

Author: /time Magazine | Title: Toyota's Flawed Focus on Quantity Over Quality | 2/4/2010 | See Source »

More important, the idea that the state made China rich is simply not true. China only started growing when the overbearing government got out of the way and allowed private enterprise, both Chinese and foreign, to thrive. The same is true in India. Across Asia, in fact, the primary engine of growth has always been the market, not the state. All rapid-growth Asian economies - including China's - succeeded by latching onto the expanding forces of globalization, through free trade and free flows of capital. South Korea, Taiwan and Singapore may have had active bureaucrats, but the true source...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

...even going to separate this weekend from the entire year,” Crimson coach Kathy Delaney-Smith said. “I think she’s done a great job this year in staying disciplined and mentally tough. She has been consistent for us across the board...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Markley's Big Weekend Carries Young Crimson | 2/3/2010 | See Source »

...Maybe not, but what comes out of Elmendorf's office is just about the closest thing there is to holy writ in Washington these days. In a nondescript building across a freeway from the Capitol, on a floor where J. Edgar Hoover once housed the FBI's fingerprint files, the CBO has for decades been regarded as the unbiased scorekeeper in the capital's never-ending budget battles, which alone gets to judge whether legislation will add to or lighten the national debt. A bumper sticker posted on a billboard in the hallway gives you an idea of what passes...

Author: /time Magazine | Title: Douglas Elmendorf: The Numbers Man Whom D.C. Trusts — and Loathes | 2/3/2010 | See Source »

...difference between the two lies as much in their style as in substance. Yanukovych comes across as a Soviet-era apparatchik who wears crocodile-skin shoes while talking of protecting society's weakest and poorest. Tymoshenko appears a sharp-tongued social crusader famous for her big promises and designer clothes. Both are widely seen as opportunists and few Ukrainians believe they will bring the kind of changes millions long for. "Ukrainians are ready to be mobilized," says Dmytro Potekhin, a civil-society activist. "There's just no one to mobilize them...

Author: /time Magazine | Title: In Ukraine, the Death of the Orange Revolution | 2/3/2010 | See Source »

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