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...even the skeptics are slow to write off financial education completely. More than anything, they say, we need to rigorously study the financial decisions of alumni of programs like Ariel and Aflatoun and compare them with those of peers who didn't get the same sort of education. "Until you have experimental evidence, it's all a little speculative," says Michael Sherraden, a professor at Washington University in St. Louis who is conducting a seven-year, randomized, controlled study on whether giving children bank accounts inculcates the habit of saving - a program already being tried on a large scale...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

...bizarre affliction: every once in a while, without warning, he starts to walk compulsively, and he can't stop until he falls down from exhaustion. He and his wife Jane have tried dozens of cures, but nothing works. Then, a quarter of the way through the book, they get a letter from a famous neurologist, an Oliver Sacks type who kindly and compassionately explains how interested he is in Tim's case...

Author: /time Magazine | Title: Walking the Line | 1/25/2010 | See Source »

Like his first book, The Unnamed requires that you buy into its premise up front. If your reaction is "Gimme a break," get out now, because Ferris is not going to give you a break. The walking thing isn't played for laughs. (See the top 10 nonfiction books...

Author: /time Magazine | Title: Walking the Line | 1/25/2010 | See Source »

Presidents seldom get the presidency they hoped for. They don't manage their inbox; it manages them, and they have to adjust to the paradox of power: as soon as they get it, they discover they rarely get to decide how to use it. This isn't what I came here to do, a President sighs, to which the answer is, Too damn bad. Lonely and frustrated is what being President means, and when Obama summons his predecessors' ghosts late at night, they can tell him how it went. (See who's who in Barack Obama's White House...

Author: /time Magazine | Title: Obama After One Year: The Loneliest Job | 1/25/2010 | See Source »

...troubles up to his personality - he's too cool, too contradictory, the divisive conciliator, the extreme centrist - underestimates the scale of the challenge he faces. It would be nice for Presidents to have magical powers, and Obama convinced many people that he had them, not least by managing to get himself elected in the first place. But his rhetorical gifts can now work against him, when he raises expectations only to see them crash into realities for which he's now held accountable. Make no mistake, indeed; lonely does not begin to describe where he lives...

Author: /time Magazine | Title: Obama After One Year: The Loneliest Job | 1/25/2010 | See Source »

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