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...sober French reaction marks how the nation has evolved towards a freer market system under European Union rules, even as it struggles to preserve parts of its vaunted welfare state. Over the past decade, millions of French citizens became first-time shareholders following a huge wave of privatizations, the bulk of them carried out in the late 1990s by a Socialist-led government. Meanwhile, once-modest executive compensation - long cited as proof of France's more egalitarian approach - has skyrocketed in recent years; in 2007 alone, pay for French top executives soared by an estimated 58%, according to the French...

Author: /time Magazine | Title: No Gloating in France on Finance Crisis | 9/23/2008 | See Source »

Conservatives who hoped the Bush team would leave a legacy of smaller government, freer markets and fewer regulations can officially kiss that hope goodbye. Government officials report that the President, whatever his ideological reservations about the Treasury's next move, cleared the way for the bailout in the face of what looked like certain economic meltdown...

Author: /time Magazine | Title: After the Financial Crisis, a Cleanup That Changes Everything | 9/22/2008 | See Source »

...opinion of my work (which I dare to compare to the elegant Agee's in no other way). While some friends figured I'd sold my soul by going to Time, committing weekly journalism instead of writing essays and books, Manny said he thought my Time stuff was better, freer and more concentrated. I suspect his comments on Agee and me spoke to an admiration for workmanlike salaried labor, whether done by carpenters, bottom-rung gangsters, tanktown vaudevillians, Poverty Row directors or movie critics. To him, Agee's and my "little magazine" essays were white elephants, our Time stories termites...

Author: /time Magazine | Title: Manny Farber: Termite of Genius | 8/26/2008 | See Source »

...Taiwan people tell us they worry that closer ties with China will dilute the character of Taiwan, which is freer, more spirited, more independent. I wouldn't worry about that at all. It is a golden opportunity for Taiwan - not just to make money but to also establish [greater] friendship with mainland people. The education ministry has decided to recognize mainland diplomas and many mainland students will come to Taiwan to study. I want young people from the two sides to get to know each other at a relatively early stage of their lives. This is the best...

Author: /time Magazine | Title: The World According To Ma | 8/14/2008 | See Source »

...TIME: We've had Taiwan people tell us that they are worried that closer ties with China will dilute the character of Taiwan, which is freer, more spirited and more independent...

Author: /time Magazine | Title: Talking to Taiwan's New President | 8/11/2008 | See Source »

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