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Policymakers have been warning about confusing economic activity with wellbeing ever since the economist Simon Kuznets devised a way to measure that activity at the end of the Great Depression. Kuznets himself warned that "the welfare of a nation can ... scarcely be inferred from a measure of national income." Seventy...

Author: /time Magazine | Title: A Better Measure than GDP | 11/2/2009 | See Source »

For two months, the world watched as allegations of voting fraud threatened to thwart the apparent re-election of Afghan President Hamid Karzai. After the country's election-complaints board threw out a million suspicious ballots, Karzai refused to accept the results. On Oct. 20, after intense diplomatic lobbying by...

Author: /time Magazine | Title: The Moment | 11/2/2009 | See Source »

When the world looks at Pakistan, its attention justifiably focuses on the rugged northern border with Afghanistan, a nexus of Taliban activity and the site of an ongoing multi-pronged campaign against the militants. Battling jihadism there is a pivotal plank in the Obama administration's plans to stabilize the...

Author: /time Magazine | Title: Pakistan's Other Problem Area: Baluchistan | 11/1/2009 | See Source »

The U.S. has remained mostly quiet on the matter, in part because it only has so much leverage that it can wield over the Pakistani military. During the Bush administration, there were suggestions that Washington was even secretly backing anti-Iranian groups like Jundullah and staging covert operations against Iran...

Author: /time Magazine | Title: Pakistan's Other Problem Area: Baluchistan | 11/1/2009 | See Source »

The pact may well restore Zelaya to office before the country's Nov. 29 presidential elections. It may also salvage the Obama Administration's standing in the hemisphere. That reputation had faltered in recent months as Obama's commitment to thwarting Honduras' June 28 military putsch came under increasing suspicion...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

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