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...tigers really want to thrive in the future, the answer might lie in rejecting another legacy of Park Chung Hee: the idea that governments alone can successfully engineer high economic performance. Jim Walker, an economist at independent research firm Asianomics in Hong Kong, argues that politicians still intervene too much in their economies instead of allowing market forces to work. "What governments need to do is start trusting their own people rather than hoping the West is going to get it right all of the time," Walker says. For the tigers to keep roaring, they may need to find their...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...apologize if my comments offended Justice Ginsberg.' JIM BUNNING, U.S. Senator, misspelling Supreme Court Justice Ruth Bader Ginsburg's name in a written apology, after implying that Ginsburg, who recently underwent surgery for pancreatic cancer, had less than nine months to live...

Author: /time Magazine | Title: Verbatim | 2/26/2009 | See Source »

...last eight years, spending got way out of control. The White House couldn't put a check on Congress and the Congress wouldn't put a check on the White House, so everyone spent what they wanted and we ended up with trillion-dollar deficits," says Representative Jim Moran, a Virginia Democrat who nevertheless voted for the package. "We have a responsibility as Democrats to make sure that we don't do that sort of thing - that when the White House is willing to make tough budgetary choices, that Congress plays a constructive role." Apparently, that new responsible role doesn...

Author: /time Magazine | Title: Does Obama Have a Double Standard on Earmarks? | 2/26/2009 | See Source »

...false hope or the beginning of the market's turn? To get answers, TIME's John Curran spoke with Jim Paulsen, chief investment strategist at Well Capital Management...

Author: /time Magazine | Title: Is The Stock Market Bottoming? | 2/25/2009 | See Source »

...match, with a 5-4 December loss against the Crimson still vivid in their minds. The Yellowjackets got the last laugh, though, triumphing over Harvard to claim third place.Junior Colin West finished a strong weekend with a 9-1, 9-4, 9-0 drubbing of Rochester’s Jim Bristow, and sophomore Richard Hill earned an additional win for the Crimson, but the rest of the lineup faltered against the Yellowjackets.Senior Ned Reeves overcame a two-game deficit against Yohay Wakabayashi to even the match with a particularly strong 9-1 fourth set, but could not sustain the momentum...

Author: By Brian A. Campos, CONTRIBUTING WRITER | Title: Crimson Comes Up Short at National Tourney | 2/23/2009 | See Source »

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