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...factors have contributed to the growth in inequality: globalization and Reagan's big cuts in taxes on the rich. Even as it rewards those at the top of their fields worldwide with spectacular paydays, globalization holds down earnings for millions of Americans who compete with workers overseas - not only lower-skilled factory and phone-center workers but also engineers, lawyers and doctors. Public opinion has reacted to this with increasing distrust of free trade, a wariness that both Obama and Clinton have echoed in their campaigns. But this is touchy territory: trade may distort the income distribution, but economists remain...

Author: /time Magazine | Title: The New President's Economy Problem | 5/15/2008 | See Source »

...were made. The city-state's movie industry still hadn't recovered from the once dominant Shaw Brothers and Cathay studios' decision to relocate almost all production to Hong Kong decades earlier. Only in the mid-1990s did a new generation of filmmakers - taking advantage of new technology and lower production costs - take up cameras again. Among them was Eric Khoo, whose 1995 debut Mee Pok Man told of the tormented relationship between a noodle cook and a prostitute, and inaugurated a new wave of films that have pleasantly surprised audiences and critics alike. These days, Singaporean film relishes...

Author: /time Magazine | Title: Singapore Redux | 5/15/2008 | See Source »

...March 31]. The article conveyed well the life philosophy that lies behind the process of natural birth. However, I do object to the image of "stupefied" or "groggy" patients on the operating table. Cesareans are normally done under spinal anesthetic - the woman is fully awake and numb from the lower ribs to the toes. The woman is aware of what's happening and very much "there" when her baby is born. Still, many hospitals in Asia do administer general anesthetic rather than this more targeted version, which is not a good idea. Sally Ferguson, Hong Kong

Author: /time Magazine | Title: Inbox | 5/15/2008 | See Source »

...long moved away to become [laughs] one of the most famous composers of the 20th century. I remember when I was thinking of leaving Baltimore to do journalism, my mom said to my dad, "Well, Philip moved away, and he did O.K." And I remember thinking, Can we lower the expectations a little here...

Author: /time Magazine | Title: 10 Questions for Ira Glass | 5/15/2008 | See Source »

...effect hurting the bears. But Kempthorne specifically ruled out using the ESA listing for what he called "back door" climate policy. "The best scientific data available do not demonstrate significant impacts on individual polar bears from specific power plants, resource projects, government permits or other indirect activities in the lower 48 states," he said...

Author: /time Magazine | Title: Polar Bears: Protected, but Not Safe | 5/14/2008 | See Source »

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