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...those lagging economic reports, and most economists expect that extra $300 in every wallet to find its way back into the economy as the fall progresses. His political future - not to mention that of his Republican compatriots in Congress - may be riding on it, as Bush?s father can attest. In Washington, it?s still the economy, stupid, and if consumers ever stop spending we?ll be in a recession by Thanksgiving...

Author: /time Magazine | Title: Person of the Week: The American Consumer | 8/30/2001 | See Source »

...Miss America Pageant announced it will incorporate Survivor-type elements into this year's show. Contestants who don't make the finals will get to vote on who should wear the crown. Is this any way to run a pageant? As viewers of the summer's reality shows can attest, the democratic process hardly means the best man, or beauty queen, comes out on top. In fact, it's usually just the opposite...

Author: /time Magazine | Title: Democracy Gone Awry | 8/27/2001 | See Source »

...failed venture is dicey at any time--nearly a third of bankrupt companies undergo multiple reorganizations--let alone during the sharpest economic slowdown in a decade. And too much licensing can kill even the toniest brand's cachet, as overexposed names from Calvin Klein to Gucci can unhappily attest...

Author: /time Magazine | Title: Peterman Reboots | 8/20/2001 | See Source »

...tough enough these days, as any American builder can attest, to comply with regulations of the EPA, EEOC, OSHA and a Scrabble board of other U.S. agencies. But when Marasco proposed his International Gateway of the Americas--$225 million worth of shops, restaurants, offices and hotel rooms spread over 67 acres--he also had to deal with U.S. Customs, the U.S. Immigration and Naturalization Service and the federal, state and city governments on the Mexican side. Marasco observes that "it requires a great deal of, um, flexibility...

Author: /time Magazine | Title: Small Business: Luring Mexican Shoppers | 8/13/2001 | See Source »

...prepare to leave Cambridge after four years, in possession of an official Harvard education, I can attest that nothing could be more wrongheaded. By now it is a cliche to say that Harvard students learn as much from their extraordinary peers as from lectures and sections. Undoubtedly this is true, and impossible to replicate. But the value of Harvard goes even beyond its people, talented though they may be: this spot, these buildings and lawns and gates, the beauty that suffuses them and the spirits that live among them, are the subtlest teachers, and sometimes the most poetic and profound...

Author: By Adam A. Sofen, | Title: The Ghosts in The Walls | 6/7/2001 | See Source »

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