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...bills himself as the World's First and Only Stand-Up Economist*--but insists on the asterisk to honor exceptions like Ben Stein, who played the stupefyingly boring teacher in Ferris Bueller's Day Off. Bauman does a killer parody of Greg Mankiw, chairman of George W. Bush's Council of Economic Advisers, a YouTube video of which has been watched 500,000 times. He's also the subject of a Facebook group called the Yoram Bauman International Appreciation Society (Pakistan chapter). "It's made up mostly of Pakistani graduate students," he says. (See 10 things...

Author: /time Magazine | Title: Didja Hear the One About the Funny Economist? | 1/15/2009 | See Source »

...from attack. F-16s and Patriot missile batteries will be ready to deter, and if necessary shoot down, aerial intruders. Military choppers and Marine landing boats will be primed for an emergency. "There is a Joint Task Force in the capital region," Renuart said, not at a war council meeting but a recent breakfast with reporters, "designed to provide large-scale medical response if you have an event." (See 10 things to do in Washington...

Author: /time Magazine | Title: Inauguration Day Security: Is a Police State Necessary? | 1/15/2009 | See Source »

When Bill Clinton entered the White House, Geithner had already returned to Washington, where he worked directly for Larry Summers during the Asian crisis. Summers was Deputy Treasury Secretary at the time and then succeeded Rubin. Now the two will be reunited: Summers will head the National Economic Council at the White House while Geithner runs Treasury. Washington being what it is - even in the midst of an economic crisis, people gossip - there has been much speculation about who will call the economic shots in the new Administration: Summers or Geithner...

Author: /time Magazine | Title: Can Tim Geithner Lead the Economy Out of Its Mess? | 1/14/2009 | See Source »

...Francesco Rutelli, the former Rome mayor and Italian Culture Minister who now heads the city council opposition, is not impressed. Rutelli says Rome's current center-right administration's ideas for expanding culture are just rehashed, low-brow plans to make a quick buck. "Gladiators at the Coliseum? Compliments for originality," he quipped. "They must have had a think tank of Nobel laureates working in secret to come up with this...

Author: /time Magazine | Title: Can Gladiators Help Sell Rome's Coliseum? | 1/14/2009 | See Source »

Charlotte Knobloch, president of the Central Council of Jews in Germany, is unconvinced by that argument. "As a survivor of the Shoah, these texts are much more to me than just interesting historical sources. They are part of the horrible reality that I managed to escape. Millions of other Jewish people weren't so lucky," Knobloch said in a statement to TIME...

Author: /time Magazine | Title: Old Nazi News Makes Headlines in Germany | 1/14/2009 | See Source »

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