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...consulting firms work, young graduates with little experience give advice to executives about running their business. Is it not obvious that these consultants often don't know very much? Most people in the business world know there's a lot of phony expertise floating around. Most of it you can explain on anthropological rather than technical grounds: we have a very complex economy that requires management, and management needs legitimacy. It does this through credentials and so-called expertise, and creates a whole class of people who are accountable only to themselves. For me the problem is the idea there...

Author: /time Magazine | Title: Are Management Consultants Necessary? | 8/24/2009 | See Source »

Children cost a lot up front, but with the right management strategies, you can get a decent return on investment. Helping with homework lets you learn all the math now that you never learned then. Kids give you an excuse to work on your fastball. They're excellent bed warmers, and small fingers can untie hopeless knots. They remind you to be brave and trusting, and that few things worth accomplishing are ever achieved without making a mess first. They often say better prayers than you could ever think to. They smell really good, at least when they're clean...

Author: /time Magazine | Title: Raising a Child Costs Some $221,000, Before College | 8/24/2009 | See Source »

...spiritual life as mattering." And days before he officially joined the Catholic Communion on March 29, he was among the first to criticize the University of Notre Dame for inviting Barack Obama to speak, Twittering (of course): "It is sad to see notre dame invite president obama to give the commencement address since his policies are so anti catholic." (See TIME's 10 Questions for Newt Gingrich...

Author: /time Magazine | Title: Why Newt Gingrich Converted to Catholicism | 8/24/2009 | See Source »

...educate parents, very few children have ever successfully been enrolled and actually attended. "Parents have their own arguments and it's hard to answer them," says Nguyen Van Chan, the beleaguered principal of An Nhon Dong Elementary School. "We all know how HIV is transmitted but who can give complete assurances?" he asks...

Author: /time Magazine | Title: HIV-Positive Kids Shunned From Vietnam School | 8/24/2009 | See Source »

...Prime Minister Kostas Karamanlis' already embattled center-right government, which is clinging to a slender single-vote majority in parliament. Already opposition parties on the right and left, as well as the national media, have begun accusing the country's leaders of neglect and incompetence. "Disorganization, indifference, criminal negligence give the final blow to Attica," declared the headline in the leftist daily Eleftherotypia, over the image of a blazing hillside...

Author: /time Magazine | Title: As the Greek Fires Subside, Outrage Grows | 8/24/2009 | See Source »

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