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...guarantee of future returns. Just because India's progress was for years strangled by red tape and corruption, there is no reason to think it always will be. Just because India's political system is noisy and disaggregated, with power dispersed between the central government and states, does not mean that it can't deliver. "I don't regard dissent and different views as a sign of dysfunctionality," Montek Singh Ahluwalia, the influential deputy chairman of India's Planning Commission, told...

Author: /time Magazine | Title: The India Model | 11/23/2009 | See Source »

...phenomenon that can be as corrosive to our spirits as price inflation is to our savings. Expectations are a mash-up of hope and conceit, what you've earned and what you imagine luck might hand you as a bonus for just showing up. So what did it mean that over the past generation our expectations grew so big so fast that we had effectively supersized the American Dream...

Author: /time Magazine | Title: Happiness Paradox: Why Are Americans So Cheery? | 11/23/2009 | See Source »

...instability during '08 and early '09." Gasparino's news bulletins (or rumormongering, depending on your view) on CNBC during that period often moved the market. He's well aware of the animosity. "They don't like the fact that I called them on the carpet," he told me. "I mean, you are not going to see a lot of Wall Street guys hanging out at my book party...

Author: /time Magazine | Title: Business Books | 11/23/2009 | See Source »

...what that would turn out to mean was a life of struggle. For years, the couple moved constantly, taking whatever jobs they could find while trying to cobble together degrees at one school after another. In Sklenicka's book, Maryann emerges as an admirable if flawed anchor in her husband's life. Companion, breadwinner, fierce believer in Carver's genius, she was also a classic enabler who sank into alcoholism just as he did, though he sank deeper. Over the years, Carver and Maryann, with their two wary children in tow, would suffer just about every indignity that drunkenness confers...

Author: /time Magazine | Title: Man of Constant Sorrow | 11/23/2009 | See Source »

...mean time, the University should continue to make small steps on the path toward becoming an institution whose faculty reflects the diversity of its student body...

Author: By The Crimson Staff | Title: Diversifying the Faculty | 11/23/2009 | See Source »

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