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There's also political reality. Set aside for a moment the formidable lobbying power of real estate agents and homebuilders, as well as the fact that one of the Senate's biggest tax-credit boosters used to sell houses for a living, and you're still left with homeowners - also...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

China is on a roll, particularly when viewed over time. Visiting or living in China every year over the past three decades, I have had the personal opportunity to witness dramatic transformations. When I first went to China in 1979, vestiges of the Cultural Revolution were still evident: revolutionary slogans...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

The measures would require banks to boost their capital base and put strict limits on the extent to which they would be able to leverage their balance sheets. They would also require banks to keep a portion of the loans they sell as asset-backed securities to ensure that they...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

At the same time, volunteers have been trying to improve Wikipedia's trustworthiness, which has been sullied by a few defamatory hoaxes - most notably, one involving the journalist John Seigenthaler, whose Wikipedia entry falsely stated that he'd been a suspect in the John F. Kennedy and Robert F. Kennedy...

Author: /time Magazine | Title: Is Wikipedia a Victim of Its Own Success? | 9/28/2009 | See Source »

The good news - at least from a city-planning point of view - is that McMansions are ready-made to be broken into tinier living spaces. Each bedroom typically has its own bathroom, voluminous basements often offer a second kitchen, and garages comfortably fit three or four cars. See pictures of...

Author: /time Magazine | Title: Reinventing the McMansion | 9/28/2009 | See Source »

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