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At several points, Obama found himself jousting with the newly feisty crowd. He tried twice, without any success, to limit a reporter to only a single question. He criticized McClatchy's Margaret Talev for prefacing a personal question about his smoking habit with a discussion of its policy implications. "I...

Author: /time Magazine | Title: The Press Stops Playing Nice with Obama | 6/23/2009 | See Source »

More to the point, Fisher was the country's first great economist, a pioneer of the mathematical approach that came to dominate the discipline after his death. Fisher saw the behavior of the market in rational, mathematical terms. He wasn't completely doctrinaire about this--earlier in his career, he...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

A key figure in the revival was the University of Chicago's Milton Friedman--and his libertarian ideological bent was certainly a factor. Friedman never believed markets were perfectly rational, but he thought they were more rational than governments. Friedman saw the Depression as the product of a Fed screwup...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

Obama also has the political advantage in Washington. Settlements are to the mainstream pro-Israel crowd what partial-birth abortions are to the mainstream pro-choice crowd: the issue they hate talking about. Even the most powerful pro-Israel lobby, the American Israel Public Affairs Committee, which opposes public U.S...

Author: /time Magazine | Title: Why Obama Should Keep the Heat on Israel ... | 6/22/2009 | See Source »

Yet if people concentrate on Carradine's work and not on his autopsy report, they'll find a lot to admire. He became a star in the '70s TV series Kung Fu, in which he played Caine, the philosophizing martial artist (a role originally planned for Bruce Lee). But he...

Author: /time Magazine | Title: David Carradine | 6/22/2009 | See Source »

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