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There are at least two answers to this question. One is that Americans with money are the kids in the global candy store; they want everything, and they buy everything, laying waste to the environment and helping enact political policies that help the rich get even richer. In this model...

Author: /time Magazine | Title: Recession Psychology: We Will Spend Again | 4/15/2009 | See Source »

Another answer - one recently featured on TIME's cover - is that because this recession is so serious, everything after it could change. The rich might stop being so greedy, and some high-minded form of anticonsumerism might flourish. (See the best business deals of 2008.)

Author: /time Magazine | Title: Recession Psychology: We Will Spend Again | 4/15/2009 | See Source »

Social psychologists study this sort of question for a living, and unfortunately for the idealists, academic research shows that greed will never die and excess will never end. In fact, as the recession deepens - and as the rich hear more and more stories of once secure Americans having to forgo...

Author: /time Magazine | Title: Recession Psychology: We Will Spend Again | 4/15/2009 | See Source »

“I have a pretty auxiliary position, really,” Bernstein says of his role as President. “I just make sure everything extraneous to the creation of magazine is dealt with.”

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: ‘Advokats’ In The House | 4/15/2009 | See Source »

Blog posts and tweets announce information pertaining to everything from restaurant shout-outs to news stories—be they about publishing or another, totally unrelated subject. “It’s a good way to get the news out quickly and informally,” Senior Publicist...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: A Pressing Situation for Books | 4/15/2009 | See Source »

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