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...more effective than Washington's. With no political debate to get in the way, China's bureaucrats splashed money everywhere to toss up shiny new infrastructure. The slumping economy needs more credit? Well, that's easy - if you own the banks. Just open a spigot and watch the money flow. China's government can also push ahead on important long-term projects with greater speed. While health care reform in the U.S. languishes in Congress, China is building an extensive health care system to cover nearly all of its 1.3 billion people. (See TIME's China covers...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

...Beer Game” models supply channel dynamics. It “simulates the flow of material and information in a simplified channel of beer production and distribution, focusing on the linkages among a beer manufacturer, its distributors, a wholesaler, and a retailer...

Author: By Zoe A.Y. Weinberg, CRIMSON STAFF WRITER | Title: Business, Beer, and Board Games | 2/3/2010 | See Source »

...steward of that Pentagon machine, Gates does not like to lose the narrative or flow of information. Leaks irritate him almost as much as bad performances. But his desire to place some limits on what the public sees has put him at odds with some of this Administration's political supporters, who say Obama campaigned on promises to change the culture of secrecy that marked the Bush years. Many of Obama's liberal supporters were flabbergasted when Obama, through Gates, reversed the decision last year to release photographs from the Abu Ghraib scandal as well as cases of military abuse...

Author: /time Magazine | Title: What Is Robert Gates Really Fighting For? | 2/3/2010 | See Source »

...Wayne asks, as he explains, “I’m so high that the ground is gone.” Wayne for once manages to match the fast moving metal-rock sound that is dominant throughout “Rebirth” with an appropriately aggressive lyrical flow and maniacal spirit, creating a disappointingly isolated highlight...

Author: By Alexander E. Traub, CRIMSON STAFF WRITER | Title: Lil’ Wayne | 2/2/2010 | See Source »

Taken as a whole, this profusion of data surely has increased our understanding of the economy and its ebb and flow. It doesn't seem to have made us any better at predicting the future, though; perhaps that would be too much to ask. But what is troubling at a time like this, with the economy on everyone's mind, is how misleading many economic indicators can be about the present...

Author: /time Magazine | Title: When Economic Indicators Aren't Worth That Much | 2/1/2010 | See Source »

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