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...stock market. Normally, one expects financial markets and economies to function similarly over long periods. A sluggish economy should, over the course of 50 years, correspond to a sluggish stock market. The best explanation that anyone has mustered for this is that the rest of the world will flourish, while America lags, but there is no coherent argument for how this trend could justify Bush’s numbers...

Author: By The Crimson Staff, | Title: The Only Thing We Have to Fear | 2/10/2005 | See Source »

...decorated ceremonial sword of Süleyman I ("the Magnificent"), its hilt of walrus ivory missing the precious stones it once held; colorful caftans belonging to Mehmed II ("the Conqueror"), as well as the sketchbook he may have carried to lessons as a young prince. "Turks" ends with a flourish: the opulent peak of Ottoman influence more than four centuries ago, when the rulers subsidized a wide range of decorative but practical objects, including bronze lamps, candlesticks and ceramics. Turkish Prime Minister Recep Tayyip Erdogan is eager to capitalize on the resonances of the past. The exhibition is opening...

Author: /time Magazine | Title: Turkish Delights | 1/30/2005 | See Source »

...American Psychological Association (A.P.A.)--to share a vision of a new goal for psychology. "I realized that my profession was half-baked. It wasn't enough for us to nullify disabling conditions and get to zero. We needed to ask, What are the enabling conditions that make human beings flourish? How do we get from zero to plus five...

Author: /time Magazine | Title: The New Science of Happiness | 1/9/2005 | See Source »

HPT’s initiative in supporting local arts programs is—even to the most cynical Harvard student—inspiring. The arts do not flourish on their own where there is no support system in place. While many students may only know the Pudding for annually bringing celebrities to campus and sending a handful of students to Bermuda every spring break, the Pudding has taken it upon itself to use its prestigious name and resources to be a genuine force for good in the community. We tip our hats to them...

Author: By The Crimson Staff, | Title: A Round of Applause | 12/21/2004 | See Source »

...safe career in government to become an investment banker before moving to PPR in 1992. At the time, the firm was a messy grab bag of French-focused industrial and retail companies. Weinberg masterminded the shift to luxury. "The demonstration needs to be made that several brands can really flourish in a multibrand group," he says. He plans to be the man who proves it. --By Peter Gumbel/Paris

Author: /time Magazine | Title: Serge Weinberg: PINAULT-PRINTEMPS-REDOUTE | 12/17/2004 | See Source »

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