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...third lesson, and perhaps the most pertinent, is that spending so much money in such a short time is bound to be wasteful. "Every village wanted to have the same dog kennel," jokes Klaus F. Zimmermann, president of the Berlin-based German Institute for Economic Research (known by its German acronym, DIW). East Germany today has a number of promising industries and state-of-the-art roads and railways, but it also has superfluous airports, oversized water-treatment plants and a collection of heavily subsidized industrial white elephants, all built at the taxpayers' expense. "Floodlit sheep meadows," grumbles Reiner Holznagel...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

Given the enormous bill for reunification, such failings have inevitably given rise to a debate in Germany about the policy of propping up the east. In 2004, an informal commission headed by Klaus von Dohnanyi, a former mayor of Hamburg, concluded harshly that eastern Germany was still far from being able to stand on its own two feet. One of the commission's key findings was that industrial policy should have been better coordinated and the money invested in a few promising centers, rather than being showered as if from a watering can across the economic landscape. But the fact...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...call up the medical records of each patient, including their prescription history and drug allergies. If a doctor prescribes a medication that may cause complications, the computer's alarm goes off. In the hospital's department of acute medicine - where patients often arrive unconscious or disorientated - department head Klaus Phanareth's PDA prevents him from prescribing dangerous medications "on a weekly basis," he says. "There's no doubt that it saves lives...

Author: /time Magazine | Title: In Denmark's Electronic Health Records Program, a Lesson for the U.S. | 4/16/2009 | See Source »

...record, St. Nikolaus, also known as Brother Klaus, is the patron saint of Switzerland. He was a 15th-century hermit and ascetic. If he had lived to see Zumthor's work, just like Le Corbusier, he would have approved...

Author: /time Magazine | Title: Swiss Minimalist Peter Zumthor Wins Architecture Prize | 4/12/2009 | See Source »

...future while skillfully appealing to the past. Famed former Czech President Vaclav Havel, who met with Obama afterward, warned him of the risks of becoming so popular as to create impossible expectations. Yet, for now, Obama has exceeded the expectations of yet another foreign nation, leaving even President Vaclav Klaus somewhat overwhelmed in his wake. Klaus told the media the speech was not the “cosmopolitan speech” he had expected, in which Obama would exploit his presence in Prague to make a general message—instead, Klaus praised the talk as “unexpectedly...

Author: By Alexander R. Konrad | Title: Prague-nosis: Excellent | 4/8/2009 | See Source »

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