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...more than a decade Damien Hirst has been one of the richest and most famous artists in the world. All the same, when you sit down with him, he still seems surprised by it. "I grew up with quite an impoverished background," he says. "I didn't see any possibility that I would ever get paid for doing anything 
 I enjoyed." Hirst tells me this one rainy afternoon in July at one of his many studios. This one is in Stroud, a rural town in Gloucestershire, about two hours' drive west of London. When he says this I think...

Author: /time Magazine | Title: Damien Hirst: Bad Boy Makes Good | 9/4/2008 | See Source »

...works by Hirst that begins on Sept. 15. This will be the first time any auction house has sold a quantity of work fresh out of an artist's studio. As auction prices for contemporary art have rocketed ever higher, galleries have been dreading this very possibility: that a famous artist would bypass his dealers - who usually get a cut of roughly half of a work's sale price - and make straight for the auction houses. (The auctioneer's fee is paid by the buyer on top of the sale price, which means Hirst will walk away with pretty much...

Author: /time Magazine | Title: Damien Hirst: Bad Boy Makes Good | 9/4/2008 | See Source »

...Avuncular as ever, still smiling at his own jokes, Lieberman's 20-minute plea followed a folksy, flag-waving address by former Sen. Fred Thompson of Tennessee. The big man with the muddy drawl, perhaps more famous for his "Law & Order" re-runs than for his legislative career, treated the delegates and guests to a populist paean to his pal McCain and his running mate, Gov. Sarah Palin of Alaska...

Author: /time Magazine | Title: Bush in a Box, But One Dem Welcome | 9/3/2008 | See Source »

...would be easy to cast Tata Motors as the villain in this story - it is run by a super-wealthy car buff who comes from one of India's most famous industrialist families. But the real - and much less colorful - bad guy in the Singur debacle is India's misguided industrial development policy. India wants booming manufacturing hubs like the ones that have transformed Chinese cities like Shenzhen. But instead of creating a handful of large special economic zones, or SEZs, and locating them strategically near ports and cities with large pools of labor, India has approved more than...

Author: /time Magazine | Title: The People vs. the People's Car | 9/3/2008 | See Source »

...streets of New Orleans. Barely a soul walked the streets last night. Even Bourbon Street's pubs were shuttered. Network television satellite trucks were perched perfectly across Jackson Square. Nearby, photographers positioned themselves in front of a Cafe du Monde that lacked both chairs and the famous beignets. Elsewhere in the city, New Orleans evacuees had put their cars on the "neutral ground," as the space between the lanes of streets is called here, hoping that might save their vehicles from flooding. Never mind that the patch of land is barely a half-foot above ground. Perhaps the liveliest discussion...

Author: /time Magazine | Title: Will Louisiana's Levees Hold? | 9/1/2008 | See Source »

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