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...Bees is another entry in the long tradition of books and movies about whites being nurtured and schooled by the example of the black underling. (You've heard of Huckleberry Finn? Gone With the Wind?) The novel is set in rural South Carolina in 1964, which is just about the time it would have automatically been turned into an Oscar-nominated movie. The obvious reference point is To Kill a Mockingbird, whose girl narrator, Scout Finch, is 6 to Lily's 14, and whose fictional setting is Maycomb, Ala., instead of Bees' Tiburon, S.C. But that was back when most...

Author: /time Magazine | Title: The Secret Life of Bees: A Honey of a Film | 10/16/2008 | See Source »

...luck for the people she loves. Two of them die violently, two more are attacked by racist whites. Lily wants to die too; and when she runs away and discovers the Caribbean-pink house of the three Boatwright sisters, it's as if she's died and gone to heaven...

Author: /time Magazine | Title: The Secret Life of Bees: A Honey of a Film | 10/16/2008 | See Source »

...lengthy productivity slump beginning in the early 1970s that created concern among economists such as Krugman. Low productivity growth explained much of what had gone wrong with the U.S. economy: stagnant wages, high inflation, ground lost to Japan. But what caused it? The most convincing explanation came from Northwestern University's Robert J. Gordon. In the early and mid-20th century, he argued, the U.S. benefited from a spectacular confluence of technological innovation involving electricity, the internal combustion engine, petrochemicals and communications. By the 1970s the economic impact of innovation in these fields had waned, and nothing came along...

Author: /time Magazine | Title: The Economy Really Is Fundamentally Strong | 10/16/2008 | See Source »

...homes. Gallmann of Exotiq Real Estate acknowledges that the financial crisis will dent demand, particularly in Bali where the real estate volume is higher than in Phuket. But he isn't too worried. "Look, I've been involved with Bali for 20 years and through that time we've gone through more than you can imagine, from the Asian financial crisis and a political revolution to SARS, bird flu and two bombings," he says. "But in all that time, property prices have never dropped...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...Reykjavík is filled with sparkling Audis, Range Rovers and Mercedes. But inside the mall, bleary, blond-haired Icelanders pace the floor like zombies going through the motions of their former existence. "How can I rest easy knowing that everything I've saved all my life is gone?" asks a red-eyed advertising consultant dressed in a woolly cardigan and slippers as he sits in the food court. At age 61, he has lost almost all of his retirement savings in the banking meltdown. "It's a matter of pride as a man and an Icelander," he says...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

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