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It's a potentially dangerous step. No one knows exactly how a withdrawal will affect the tentative global economic recovery - just as it is not clear, even now, whether interest-rate cuts and huge stimulus spending in the U.S. and elsewhere are resulting in sustainable economic growth. The world is...

Author: /time Magazine | Title: Why Some Countries Are Stopping Their Stimulus | 11/9/2009 | See Source »

It is the singular achievement of Dalrymple, in his strikingly chaste and selfless book, to give us the lives and voices of some regular Indian and Pakistani worshippers without judgment, speculation or high-flown abstraction. He just sets the scene around them, presents some historical background and lets them tell...

Author: /time Magazine | Title: William Dalrymple's Nine Lives: Into the Mystic | 11/9/2009 | See Source »

The 1960s were by most measures the best decade ever for growth and widening prosperity in the U.S.; the past decade has been a bust. Yet the financial sector was relatively tiny in the 1960s and huge in the 2000s. Could this mean that good times for finance are bad...

Author: /time Magazine | Title: Are Bankers Worth Their Big Paychecks? | 11/9/2009 | See Source »

Hill’s repertoire included folk tales and historical reenactments, as well as childhood memories and his own Shakespeare renditions.

Author: By Xi Yu, CONTRIBUTING WRITER | Title: Street Performer, Storyteller Dies at 88 | 11/9/2009 | See Source »

In 1851 Gustave Courbet painted “A Burial at Ornans,” an enormous depiction of a country funeral, with cloaked townsfolk surrounding a priest and an open grave. Its classical style and enormous size all smacked of historical and religious importance; but Courbet’s...

Author: By Hana Bajramovic, CONTRIBUTING WRITER | Title: ‘Invisible’ Remains Transparent | 11/6/2009 | See Source »

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