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...from rampant consumerism to the spread of communism. We live in an age when it's very easy to be afraid of everything that's going on in the world. There are these large groups of faceless people somewhere in the world, who mean to do us harm, and cannot be reasoned with. Zombies are sort of familiar territory...

Author: /time Magazine | Title: Pride and Prejudice, Now with Zombies! | 4/2/2009 | See Source »

...bring the issue of trade imbalances up because it isn't as pressing as getting people back to work and restoring confidence. At the first meeting of the G-20 last fall, it was hardly mentioned at all. But as former Treasury Secretary Hank Paulson said in November, it cannot be left untreated over the long term. "The pressure from global imbalances will simply build up again until it finds another outlet," he explained. (Read "The G-20 Summit: Obama Can Stay Home...

Author: /time Magazine | Title: The G-20's Hidden Issue: A Global Trade Imbalance | 4/1/2009 | See Source »

...seek to spend less. Many economists are critical of the lack of specific policy solutions beyond these acknowledgements, saying the imbalances and the resulting distorting effects on currency exchange rates should have been a central agenda item at the G-20. "Unless and until surplus countries recognize that this cannot continue, no durable escape from the crisis will be achieved," Martin Wolf, author of Fixing Global Finance and the Financial Times' economics columnist, wrote in Wednesday's edition. "Understandably, but foolishly, they are unwilling to do so." But as Wednesday showed, the issue is not entirely unnoticed by senior leaders...

Author: /time Magazine | Title: The G-20's Hidden Issue: A Global Trade Imbalance | 4/1/2009 | See Source »

...Harvard make cuts in the wages of higher-paid academic staff and professors instead of laying off lower wage workers. This would not only hurt the university’s academic programs, but in many cases also would not even be possible. Many professorships are endowed, so the university cannot simply take away part of a professor’s salary and use the money to maintain another employee. The City Council’s apparent refusal to recognize this point suggests a larger misunderstanding of the way universities allocate their funds, since endowments and grants often cannot be moved...

Author: By The Crimson Staff | Title: Lay Off Our Budget | 3/31/2009 | See Source »

...Help for the Afghanistan Surge Obama's new plan for winning the war in Afghanistan and Pakistan is sweeping and resource-intensive, and it cannot be accomplished by the U.S. alone. "As America does more, we will ask others to join us in doing their part," Obama announced last week. "From our partners and NATO allies, we will seek not simply troops but rather clearly defined capabilities: supporting the Afghan elections, training Afghan security forces, a greater civilian commitment to the Afghan people...

Author: /time Magazine | Title: Obama in Europe: Facing Four Big Challenges | 3/31/2009 | See Source »

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