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...take at face value documents discovered in secret police files years after a Stalinist regime has vanished,” the editorial board asserted on Saturday. In exactly this manner, journalists should pause before using their power to shock and spread controversy. Their prime responsibility is to exercise caution when making claims and, when blunders occur, to seek a “public recognition and rectification of [their] mistakes,” just as Solzhenitsyn demanded at Harvard 30 years ago. We can only hope that the Russian writer’s prudence will bear out if the insinuations made...

Author: By Jan Zilinsky | Title: The Fall of Kaavya and Kundera | 10/20/2008 | See Source »

...dollar, it would cause a huge upheaval, potentially sending the dollar skidding and hurting markets even further. For the moment, though, China hasn't given any hint that it's unhappy about owning rapidly depreciating U.S.-dollar assets. (The greenback has actually strengthened in recent days, but some caution that this is temporary...

Author: /time Magazine | Title: Behind the Global Markets' Meltdown | 10/8/2008 | See Source »

...ideal. And that is democracy and tolerance and freedom and equal rights.” So, yes, she understands that a bitter incongruity exists between American ideals and American realities—that, oftentimes, the poor are rendered mute and immobile under the drone of helicopters and the careerist caution of legislators.But still I wonder. Since that debate, Palin has gone on the attack. For example, though Obama calls America “the greatest country in the world” so often you wonder if there’s a string coming out of his back, Palin told donors...

Author: By James M. Larkin | Title: Exception to the Rule | 10/8/2008 | See Source »

Responding to turmoil in the global financial sector, Asian art collectors also proceeded with caution this week, sending the hot market for contemporary Chinese art towards an apparent cool down. At a Sotheby's sale of 20th century Chinese artwork on Oct. 5, two-thirds of the 110 lots failed to sell, and many of the pieces that did find buyers went for below their estimated prices. By the close of the biannual sales of the world's largest publicly traded art auction house, Sotheby's took in about half what it had expected, at just over $140.7 million...

Author: /time Magazine | Title: Will Crashing Markets Bring Chinese Art Back Down to Earth? | 10/8/2008 | See Source »

...these swashbucklers their ransom money. Would that there was a way to dispense with the problem more surgically and without having to spend a dime. But alas, this is a potentially explosive global situation, the sixties are over, and sometimes you just have to throw caution to the wind and open your wallet—wide...

Author: By James M. Larkin | Title: On Swashbuckling | 10/2/2008 | See Source »

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