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...city's only potential tourist attraction is a replica of Rangoon's famous Shwedagon pagoda. It's still under construction. At the building site, child laborers--some appearing no older than 6--lug piles of rocks on woven stretchers. Burma's junta has long been considered one of the world's worst human-rights abusers. But the generals don't have to see these tiny laborers build a golden temple for their Abode of Kings. That's because the top brass is bunkered in another, faraway part of the city, an isolation that could help explain the junta's underwhelming...

Author: /time Magazine | Title: Postcard: Naypyidaw | 5/22/2008 | See Source »

...take risks and the long-term success of a business? There is a relationship, but it is not one you would expect. The evidence suggests that as entrepreneurial leaders become more successful, there is a tendency for them to become more risk averse--a concept called "loss aversion" made famous by Israeli psychologists Daniel Kahneman and Amos Tversky, who studied behavioral economics. Kahneman and Tversky found that people don't always behave in the rational manner that the classical economic models predict. When they get ahead in the game, they may begin to get conservative--playing it safe even when...

Author: /time Magazine | Title: Myth of the Fearless Entrepreneur | 5/22/2008 | See Source »

...over the city, squads of anxious riot police manned street corners as Chelsea and United fans - easily distinguished by their, respectively, blue and red-and-white regalia - strolled the streets, drinking beer and riding the famous Moscow subway. In Red Square, a football pitch had been set up right by Lenin's tomb, and Russian and British fans played pickup games under a bizarre combination of Bolshevik stars and Imperial eagles. The combination of official goodwill and vigilance appears to have been successful - just a single brawl among the Russian and British fans was reported throughout...

Author: /time Magazine | Title: When the Oligarch's Gladiators Choked | 5/21/2008 | See Source »

...wedding of art and industry that is the Cannes Film Festival, Clint Eastwood is by far the most famous bridesmaid. Since 1985 this Hollywood legend has brought five films to Cannes - not as special screenings, where he has nothing to lose, but in the ego-bruising competition for the top prize - and the first four times (with Pale Rider, Bird, White Hunter Black Heart and Mystic River he's gone home empty-handed. It's not that the old cowboy needs another trophy: he's twice won Oscars for best director and best picture, with Unforgiven and Million Dollar Baby...

Author: /time Magazine | Title: Clint and Angelina Bring a Changeling Child to Cannes | 5/20/2008 | See Source »

...exhibition includes the more well-known suspects, but makes no attempt to solve the case. "It's not a whodunit," Hoffbrand says. Actually, 120 years after the fact, it doubtful anyone really wants to see the world's most famous murder mystery solved. That might spoil the rich legacy of Jack the Ripper. And rich it certainly is - a multimillion-dollar industry, featuring periodicals, chatrooms, websites, conventions and the countless books that continue to be written on the subject. The murders have also inspired numerous films, plays and TV dramas, even several stage musicals...

Author: /time Magazine | Title: Jack the Ripper Revisited | 5/20/2008 | See Source »

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