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It is worth remembering, though, that India has overcome this culture before. When a few bureaucrats and economists pushed through the 1991 economic reforms, no one thought the "license Raj" would ever fall. At the time, the political decisions behind the reforms were unpopular, and its possibilities were not yet...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

Harvard has had a lot of Presidents, but none of them were named “Bell Johnson.” In China, “Bell Johnson,” who sports a mustache and furrowed brow in a black-and-white portrait, has been placed on flyers for...

Author: By Weiqi Zhang, CONTRIBUTING WRITER | Title: Chinese Company Rips Harvard Name | 12/3/2008 | See Source »

In all, 400,000 homes and 50,000 small businesses in the U.K. have used SmartWater. But having built its "umbrella" of technology, police enforcement and brand awareness on a not-for-profit basis, the Telford, western England, company is now courting larger firms for tailored approaches that it says...

Author: /time Magazine | Title: SmartWater: Message in a Bottle | 11/27/2008 | See Source »

My own collection is personal, the table of contents of my life. I have baby teeth and ticket stubs, my first license, my last loan payment, the rehearsal bouquet made from the ribbons from my bridal shower, and a shoebox full of key chains and charms and snow globes. Souvenir...

Author: /time Magazine | Title: Barack Obama, and the Rush For Election Souvenirs | 11/26/2008 | See Source »

The current shift toward a more powerful state in the U.S. will never go as far as India's License Raj. But there is no reason to believe that this current crisis of capitalism won't end up the same way as all of the others - with a renewal of...

Author: /time Magazine | Title: Why Government Intervention Won't Last | 11/25/2008 | See Source »

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