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...first years, the late 1920s, the Academy allotted three, then five slots to the Best Picture nominees. In 1932, eight movies were cited; in 1933, 10; in 1934 and '35, 12; then 10 nominees in the next eight years. Looking back, we can say the category rose to accommodate a burgeoning supply of first-rate films. And different kinds of films, even one in a foreign language: Jean Renoir's La grande illusion, on the 1938 list. (Read "How the Oscars Became the Emmys...

Author: /time Magazine | Title: Why the Oscars Need 10 Nominees | 6/25/2009 | See Source »

...Late last week Cooperman laid out his views to a packed room of securities analysts and hedge-fund managers in Manhattan. He noted the power of big federal spending and expressed concern that Washington's largesse, if unchecked, would fundamentally alter America's competitiveness. But he also made clear his view that the latest rounds of federal spending have averted crisis and set the stage for a shallow economic recovery with modest inflation. Longer term, he believes the U.S. will be growing at only 1.5% to 2% a year, well below the historical growth rate of 3%, a shortfall resulting...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

...avoiding] the great man or woman theory of history and [instead] looking at what was the norm. It's important to distinguish between what we like and what was important to people listening to music in the moment. When you think about the French paintings in the late 19th century, we all think about Impressionism. We all know that Van Gogh was ignored, that he only sold three paintings in his lifetime. But he's the person we learn about. Nobody cared about Van Gogh. In pop music, you see that all the time. In romance novels or movies...

Author: /time Magazine | Title: Did the Beatles Destroy Rock 'n' Roll? | 6/24/2009 | See Source »

...explains, another reason they were left alone was that by the time the independent fashion scene's activity reached its height in the mid-'80s, the regime was showing signs of weakness. "The state was already pretty helpless at that point ... it was completely overstrained," he says. "In the late 1970s, it wouldn't yet have been possible to behave that...

Author: /time Magazine | Title: Fearless Fashion in the Former East Germany | 6/24/2009 | See Source »

...Despite the boom in construction that took place before the global recession, there are few towers in Dubai that offer space or facilities for artists. It was precisely for this reason Sheika Lateefa al-Maktoum, daughter of the late ruler of Dubai, Sheik Maktoum bin Rashid al-Maktoum, founded Tashkeel - an unassuming arts center comprising exhibition spaces, painting and film studios, a darkroom and a digital-printing lab. (Read about Dubai real estate after the recession...

Author: /time Magazine | Title: More Than a Mall: Inside Dubai's Growing Art Scene | 6/24/2009 | See Source »

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