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...When economists talk about such matters, they focus on the concept of productivity. "Productivity growth," wrote economist (and now Nobel laureate and New York Times columnist) Paul Krugman back in 1990, "is the single most important factor affecting our economic well-being." It was growth in productivity - most commonly measured as economic output per hour worked - during the Industrial Revolution that powered the rise of the West out of millenniums of stagnation. It was a productivity boom that ushered in America's postwar era of mass affluence...

Author: /time Magazine | Title: The Economy Really Is Fundamentally Strong | 10/16/2008 | See Source »

Thorns lurk in some 
 bouquets. A columnist for Germany's Süddeutsche Zeitung drew parallels between the famously moody Brown and the "sociopath" Churchill. However provocative, the comparison is apt: that just as war allowed Churchill to shine, so does the economic crisis play to Brown's strengths...

Author: /time Magazine | Title: Flash Gordon Brown | 10/15/2008 | See Source »

Show a Little Attitude. Diane Mapes, author of How to Date and a relationships columnist for the Seattle Post Intelligencer thinks that people are at their most seductive on the road. "When you're on vacation you have a certain aura about you - you're excited, you're up for fun and open to trying new things. Plus there's no one around to judge you for, say, making out with that cute guy with the eye patch you met on the beach...

Author: /time Magazine | Title: Can't Find Love at Home? Travel | 10/14/2008 | See Source »

...Paul Krugman, a professor at Princeton University and Op-Ed columnist for the New York Times, was named the 2008 recipient of the Nobel Prize for economics. Krugman is perhaps best known as a scathing critic of the Bush Administration, which he has accused of everything from mishandling foreign policy to promoting a fiscal strategy that caused the economic crisis gripping the country. But the economist - whom the Nobel committee recognized for his "analysis of trade patterns and location of economic activity," which helps explain why certain countries excel in international trade - has long been considered one of the brightest...

Author: /time Magazine | Title: Paul Krugman | 10/13/2008 | See Source »

...conservative columnist William Kristol is to be believed, Sarah Palin is surprised that her own campaign hasn't made a bigger deal out of the controversial remarks of Barack Obama's former pastor. The relationship between Obama and Jeremiah Wright is, according to Palin, fair game in the presidential campaign because it speaks to the question of the Democratic candidate's character. "I don't know why that association isn't discussed more," Kristol, writing in the New York Times, quoted Palin as telling...

Author: /time Magazine | Title: Does Sarah Palin Have a Pentecostal Problem? | 10/9/2008 | See Source »

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