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...that raw brainpower comes with handicaps as well, including a tendency to make verbal blunders that haunt Summers for years. As chief economist at the World Bank, he penned a memo explaining the "impeccable" economic logic of dumping toxic waste in developing countries, igniting a firestorm despite his protests that he was being sarcastic. Years later, as president of Harvard, he publicly raised the hypothesis that women have a less innate ability for science and math than men do, sparking a controversy that helped lead to his dismissal from the top job, despite repeated apologies and clarifications. "The stories...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...that lead toward a 140-ft. (42 m) bamboo bridge. It spans the Ayung River to link two sides of a 20-acre (eight hectare) campus set among rice terraces. As you traverse the whooshing rapids, you can take in a spring-fed infinity pool, a favorite after-school haunt of students like Chiara and Carina Hardy, the daughters of jeweler John Hardy, who, together with his wife Cynthia, founded Green School with profits from the 2007 sale of his eponymous Bali-based jewelry firm...

Author: /time Magazine | Title: A Greener Education in Bali | 1/22/2009 | See Source »

...could call The Caretaker an Old Dark House horror movie, where a ghost comes in to haunt the humans and is scared away by their calculated nastiness. It's also Pinter's first political play: Jenkins is a refugee, poor and tired, the very definition of wretched refuse. Aston, who as a teenager was submitted to shock therapy, leaving him effectively lobotomized, can be seen as a victim of state-sponsored torture. And Mick is the bluff overlord, cracking jokes as he metaphorically cracks skulls...

Author: /time Magazine | Title: The Pinter of Our Discontent | 12/25/2008 | See Source »

Could an old triumph be coming back to haunt the Clintonites who are joining President-elect Barack Obama's staff? If there's one foreign policy achievement that Clintonites are proud of, it's Bosnia. Some 13 years ago, during Bill Clinton's second term, a U.S.-led military intervention stopped the carnage in the former Yugoslav republic, followed by a peace deal forged by then Assistant Secretary of State Richard Holbrooke and signed in Dayton, Ohio. The deal, which carved Bosnia into two ethnically based statelets while retaining a weak common government, was so successful that vice-president-elect...

Author: /time Magazine | Title: Will Bosnia Test the Obama Administration? | 12/22/2008 | See Source »

...justice department would do well to remember that what goes around, comes around. The witch hunt against UBS and Credit Suisse in the present economic climate will surely come back to haunt said Justice Department. America, like Germany, should stop whining and sort out its own taxation system so that citizens are not tempted into tax avoidance. Surely, the practice of some of the biggest U.S. banks of selling junk papers to unsuspecting clients, many of whom are pensioners, is far more despicable. The U.S. authorities must be aware that European investors who have been cheated in this fashion might...

Author: /time Magazine | Title: What's Next for the GOP | 12/10/2008 | See Source »

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