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...economics major Jack Bogle wrote a senior thesis extolling the virtues of the small but growing mutual-fund industry. At the time the reigning view of the stock market was that expressed 1 1/2 decades earlier by the great English economist (and speculator) John Maynard Keynes: it was a "casino," a "whirlpool of speculation," a "game of Snap, of Old Maid, of Musical Chairs." Young Bogle argued that the growth of professionally managed funds would bring a new age of calm rationality to the market and thus "militate against Lord Keynes' dismal and socialistic conclusions...

Author: /time Magazine | Title: Herd on the Street | 9/6/2007 | See Source »

...could navigate this stretch of the Mekong - hardly worth the trip. Now, ships can handle triple that amount - and when other reefs are removed in the coming months, they will be able to transport even more. The knock-on effects of the China trade are big, too. A giant casino opened last year to cater to the Chinese tourists pouring from Mekong ferries into northern Thailand, and Sichuan restaurants crowd the Chiang Saen riverside. At local institutes, Mandarin classes have become as popular as English ones. "If you want to be successful in business here, you need to learn Mandarin...

Author: /time Magazine | Title: A Bend in The River | 8/30/2007 | See Source »

MACAU Venetian Macao, world's biggest casino, opens...

Author: /time Magazine | Title: Dashboard: Sep. 10, 2007 | 8/30/2007 | See Source »

...comedy percolating, Chan mans the action scenes: the chase in L.A. of his old friend-nemesis Kenji; a bout of farcical fisticuffs with a, like, 9-ft.-tall martial artist; a wild ride in the taxicab; a decent hand-to-hand skirmish with a female ninja in a Paris casino; a swordfight with Kenji; and a two-against-the-world battle at the top of the Eiffel Tower...

Author: /time Magazine | Title: Jackie Chan Back in Action in Rush Hour 3 | 8/9/2007 | See Source »

...kiss!) and remote locations (Miami! The Metropolitan Opera!) to sustain interest. Nevertheless, ratings for the 2006 show were down 28% from the 8 million viewers the VMAs averaged in 2005, and nearly 45% down from 2005. This year's edition will be held Sept. 9 at the Palms Casino Resort in Las Vegas...

Author: /time Magazine | Title: MTV's Desperate Video Music Awards | 8/7/2007 | See Source »

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