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...great nations of every age have consistently done well because of the values listed in the report. Would America have succeeded without the ambition of its founding fathers or their vision of the future (lessons 1 and 5 respectively)? Lesson 4 is a little more than a reflection of the frugal prudence that initially made the West so successful. And education and age care (lessons 2 and 3) have always been key to social stability and progress, no matter where you go. You could witness all those values in FDR's New Deal. The difference between modern America and China...

Author: /time Magazine | Title: Inbox | 12/14/2009 | See Source »

...imagine if Babbage hadn't abandoned it. Fork the timeline. Imagine if computing technology had developed along the lines of Babbage's vision: brass and steel instead of silicon and plastic; clockwork instead of electronics. In fact, imagine if all the great technological revolutions of the past 100 years hadn't happened. Our world would run on Victorian tech--it would be a handmade, steam-powered world, finished in leather and mahogany. It's an elegant, romantic vision. And it has a name: steampunk...

Author: /time Magazine | Title: Steampunk: Reclaiming Tech for the Masses | 12/14/2009 | See Source »

Supporters expect the project to mean great things for the Land of Enchantment. With site tours and a museum planned, organizers hope to welcome 1 million visitors annually. An independent study has forecast up to 5,000 new jobs and a $1 billion boost to the region's economy as Virgin Galactic and other aerospace companies move from tourism into commercial spaceflight like low-cost satellite launches...

Author: /time Magazine | Title: Postcard from Las Cruces | 12/14/2009 | See Source »

...suspicion of state power can trump disillusionment with free markets ... The more that Democrats flail in the present, the more likely it becomes that the Great Recession will be remembered as the time when liberalism let the future slip away." --11/29/09...

Author: /time Magazine | Title: Verbatim | 12/14/2009 | See Source »

When Obama took office, conventional wisdom held that the American people, jarred by a financial crisis they were routinely told was "the worst since the Great Depression," would race into the protective arms of Washington. After all, the Federal Government had given us the New Deal in the worst of times and a patchwork of economic safety nets since. The idea is that we instinctively turn to its beneficent hand to ease the pain of hurricanes, floods, tornadoes--and recessions...

Author: /time Magazine | Title: Will Fear of Big Government End Obama's Audacity? | 12/14/2009 | See Source »

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