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...Paralysis isn't unique to Japan; it appears to be a common affliction throughout the developed world. But by looking at Japan, we can get a good idea of the damage it can do. Unwilling to make hard choices, the government simply threw taxpayer money around, attempting to keep people employed without fundamentally changing the economy. The result is government debt approaching 200% of GDP. Overly protected at home, Japan Inc. has missed out on the globalization game; its companies, unable to adapt to a changing world, are losing global market share to more nimble competitors. The nation that once...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

...Japan-like inability to take the necessary action. The broken U.S. health care system is an embarrassment, yet efforts to change it have been stymied for almost as long as moves to revive Japan's economy. The government's finances are deteriorating as politicians refuse to make the hard decisions on what the country does and does not need. The education system requires far more attention if the economy is to compete in the 21st century. And yet, these problems just linger on, getting worse year after year...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

...Nevertheless, just around the corner from the school is a Protestant church, as well as a Starbucks and a Dunkin' Donuts. For all its recent conservative leanings, Indonesia is hardly in danger of turning into a theocratic state, and the nation's pluralistic underpinnings are something Obama will doubtless celebrate during his visit. Predictably, some hard-line Islamic groups have already gathered across the nation to thrust their fists in the air and chant anti-American slogans. But their numbers, so far, have been limited. What reigns in Indonesia, instead, is waning optimism for Obama's efforts to re-engage...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

...graduate student Carolin Cardamone, who has published research on green pea galaxies, says astronomers were alerted to their existence by Galaxy Zoo volunteers who posted hundreds of images to the site's busy discussion forum. She says the project is an enormous boon to her field. "This is all hard, rigorous science," she says. "We're not giving [the volunteers] busywork to do. We're not doing this so they can have fun with science, but so they can participate in real science...

Author: /time Magazine | Title: How to Classify a Million Galaxies in Three Weeks | 3/28/2010 | See Source »

...hard to find anything wrong with this brain break, as fresh vegetables are a rare find after dinner ends, and all the items were still available at 8:54 p.m.—well done Mather...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: The Most Important Meal Of The Day: FlyBy Does Brain Break (Part 2) | 3/27/2010 | See Source »

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