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Very few people who make a lot of money actually leave public life and work because of tax burdens. They either live with the increased taxes or find creative ways around paying them. A small percentage of the very very rich may move their money to tiny islands between Florida and South America. The local Parliaments and dictators welcome them. (Read "How To Know When The Economy is Turning...

Author: /time Magazine | Title: Requiem for the Rich | 2/26/2009 | See Source »

...true? How can brain-shearing jingles, annoying announcers and awful acting possibly make you happier? According to the researchers, it all boils down to a behavioral trait called adaptation. Adaptation predicts that even positive experiences become less enjoyable over time. Prior studies have shown that the longer people live in an enjoyable place, consume their favorite ice cream or listen to their favorite song, the more the intensity of their happiness declines. One study concluded that even after people win the lottery, their happiness returns to prior levels a few months after cashing in the ticket. (See the best...

Author: /time Magazine | Title: Do TV Commercials Make You Happier? | 2/26/2009 | See Source »

...course, Slumdog Millionaire is not the first to discover this other, more complicated India, as the film's critics correctly point out. It's real for the hundreds of millions of Indians who live in it, the thousands of social workers, nonprofit groups and civil servants who are trying to change it, and those who tell its stories. That includes a handful of young Indian filmmakers who are making movies that are as sharp, challenging and entertaining as the best of Hollywood, although few have been distributed outside India. Let's hope the rest of the world will soon have...

Author: /time Magazine | Title: The Oscar Goes To ... | 2/26/2009 | See Source »

...volume, best-selling Chinese edition of Brothers was published amid great fanfare in 2005 and 2006, and constituted the first major work in a decade from the author chiefly famed for To Live - a depiction of revolutionary society adapted for the screen by Zhang Yimou. This new English translation of Brothers excellently captures its beauty and high farce...

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

...Grand Prix at the Montreal World Film Festival, may have been earlier this year, when the film won the audience prize at the Palm Springs International Film Festival in January. "For me that's a bellwether," says Japanese film critic Mark Schilling."A lot of the Academy members live in Palm Springs and go to that film festival. They liked what they saw. I thought they responded to the craft of [the film], and the quality of it." Sachiko Watanabe, a veteran film critic for 35 years, says Sunday's wins herald that the era in which Japanese films...

Author: /time Magazine | Title: Japan's Double Oscar Victory | 2/25/2009 | See Source »

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