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Shift those foreign dollar reserves into SDRs, the reasoning goes, and global finance suddenly becomes much more balanced. By no longer needing to load up on dollars, countries like China would have less incentive to run big trade surpluses with the U.S. This line of thought goes back to English economist John Maynard Keynes - the source of seemingly every important economic idea of this crisis-racked time - who first proposed what he called "supernational bank money" in 1930. During the economic turmoil of his day, he kept refining the idea and proposing odd names for the currency - first "grammor...

Author: /time Magazine | Title: Why Supplanting the Dollar Would Be Good for America | 4/9/2009 | See Source »

Apparently no one is safe from the shambling, newly marketable armies of the dead - not even Jane Austen. Seth Grahame-Smith is the author of a new novel called Pride and Prejudice and Zombies, about a strangely familiar English family called the Bennets that is struggling to marry off five daughters while at the same time fighting off wave after wave of relentless, remorseless undead - since, as the novel's classic first line tells us, "It is a truth universally acknowledged that a zombie in possession of brains must be in want of more brains...

Author: /time Magazine | Title: Zombies Are the New Vampires | 4/9/2009 | See Source »

...help nudge undocumented workers out the door, states, towns and counties have been busily legislating against them. In Georgia, both houses passed a bill that would make the written driver's license test English-only. Farmers Branch, Texas, continues to fight for the right to require that all renters in town show proof of citizenship. In 2008, statehouses passed more than 200 laws relating to immigration, the majority of them looking to clamp down on illegal immigrants or their employers. And there are plenty of signs that as joblessness grows, so too could populist outrage against undocumented workers and their...

Author: /time Magazine | Title: Despite Backlash, Illegal Immigrants Stay Put | 4/9/2009 | See Source »

...classical literary criticism, small statues, and the portraits of old white men. Okay, the last are sort of intimidating. Graduate students whip out their dusted hardcovers with the Greek original--and only the Greek original--of Homer, Herodotus, and Plato. The Loeb editions--with Greek on one side and English on the other--are too childish for them. Don't plan on looking at Facebook photos in this library...

Author: By Bonnie J. Kavoussi | Title: Harvard's Finest Study Spaces | 4/9/2009 | See Source »

...know that factory chicken farms—they keep the chickens calm by making them wear red contact lenses?” I muttered, pushing my salad around the plate. Here I was, face to face with an eminent professor of the English language, and I found myself missing Gchat. Gchat would give me time to Google his reference to some Florentine poet I’d never heard of. It would even allow me to take a break from talking to watch “David after Dentist.” But, now, trapped in the actual world where...

Author: By Alexandra A. Petri | Title: We Need to Talk | 4/9/2009 | See Source »

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