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Word: idealizations (lookup in dictionary) (lookup stats)
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...Cuomo, Congress, and the public are angry that these bonuses were paid. It made no sense that the most highly paid people on Wall Street continued to make extraordinary amounts of money with the bonus payments, when their companies had to bailed out by taxpayers. In an ideal world, they would not have been given those bonuses. But, Paulson was not willing to push that point. He did not have the time to make the effort...

Author: /time Magazine | Title: How the Government Missed All Those Wall St. Bonuses | 1/30/2009 | See Source »

...solipsists; we begin life thinking that our perceptions define reality. Gradually we learn perspective: that there's a difference between how we see ourselves and how others perceive us. Since the invention of recording media, nearly every child has gone through a ritual unsettling demonstration of the gap between ideal self and actual self: hearing what your voice sounds like on tape. Play a kid's voice back to him for the first time and his reaction will probably be, "That's not me. I know what I sound like...

Author: /time Magazine | Title: Blago Talks! (And Talks ...) | 1/29/2009 | See Source »

...book, Born to Be Good: The Science of a Meaningful Life, esteemed psychologist Dacher Keltner of the University of California, Berkeley, notes that we usually conceive of emotions as diseases: we say we are "mad with rage," for instance, or "sick with love." We think the ideal economic decision maker is an analytical automaton. But Keltner, who has made a career of studying the social effects of our emotions, says emotional behavior is sometimes just what we need...

Author: /time Magazine | Title: Feeling Our Way Out of the Recession | 1/29/2009 | See Source »

...became a convicted felon after filing false financial reports. She was forced out of her company because of the scandal. Still, by the end of her life in 2002, she was celebrated by a new generation of working women who forgave her transgressions. "Ruth personified her own ideal for Barbie," says Gerber, "a woman who defied convention and culture to realize her dreams...

Author: /time Magazine | Title: Business Books | 1/29/2009 | See Source »

...Administration is weighing approaches that range from buying up banks' bad assets or guaranteeing the solvency of banks that hold them to taking an even larger ownership stake in the institutions and then pouring more cash directly into them. None of the options, Obama Administration officials admit, are ideal...

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

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