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Can technocrats in Beijing pull this off? The country has an advantage: it has not yet leveraged its enormous domestic market. The service sector has huge potential. Consider entrepreneurs like Colleen Wang. Instead of employing low-wage metal benders, Wang's ad agency, Rayken, provides jobs for young, middle-class...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

The next miracle, in other words, may be harder to pull off than the last one. That doesn't mean it won't happen. Consider what, in 1978, constituted a "rich" eligible bachelor in urban China. He had to own a radio; he had to be able to buy his...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

Though they were produced in murderous times, the works at the Asia Society are almost uniformly cheery, following the dictum of Jiang Qing, Mao's fourth wife and ultimate cultural arbiter, that art be "red, bright and shining." In other words: propaganda. Asia Society Museum Director Melissa Chiu and co...

Author: /time Magazine | Title: Seeing Red | 12/11/2008 | See Source »

President Drew G. Faust recently announced that Harvard’s endowment had tumbled 22 percent in the first four months of the fiscal year, losing approximately $8 billion out of $36.9 billion. Earlier this week, Faculty of Arts and Sciences Dean Michael D. Smith asked professors to consider how...

Author: By Liyun Jin and Lingbo Li, CRIMSON STAFF WRITERSS | Title: HUDS Finagles New Bagels | 12/11/2008 | See Source »

While it may seem to a typical by-stander that moving headquarters from a castle to a rock is kind of a downgrade, for writers from The Harvard Lampoon, this seems to have become part of a seasonal migration. Since the inception of “Saturday Night Liveâ?...

Author: By Anna E. Sakellariadis, CONTRIBUTING WRITER | Title: Lampoon Writers Ready for Primtetime | 12/11/2008 | See Source »

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