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...Corporations have moved to manufacture in China en masse because of very cheap labour, minimal regulation and the ability to externalize other costs, namely the environmental impact. This has then indirectly improved China's lot. How has China otherwise added value or changed the world for the better in modern times? Innovations? Improvements to the human condition? Global benevolence? Becoming the world's temporary sweatshop and biggest copycat does not place one in the league of great nations or ensure superpower status. So, on turning 60 what is going to be your real contribution to the world, China? Spare...

Author: /time Magazine | Title: Inbox | 10/19/2009 | See Source »

Okay. Your 401(k) hasn't lived up to the hype, but remember that even Warren Buffett lost $25 billion in the Great Recession. You've just survived one of the most harrowing periods in the history of modern finance. If you lost less than a third of your portfolio, you fared reasonably well. Your 401(k) may not be all it was cracked up to be, but with tax-deferred growth and a company match, it's still one of the best tools you have to get your retirement back on track. Handled with care (diverse, conservative investments...

Author: /time Magazine | Title: Don't Give Up Yet | 10/19/2009 | See Source »

...Those are fighting words to John Derbyshire, a proud pessimist crusading against America's penchant for smiley-faced self-deception. The National Review writer and self-described "conservative gloominary" leads readers on a bleak tour of modern life, bemoaning the state of our society and culture (the '00s are the first decade without a living novelist featured on TIME's cover, he laments). Derbyshire's no fan of liberalism, but his main targets are the utopian fantasies of both parties and the notion that humanity can patch the flaws that led us to this woeful state to begin with. Embracing...

Author: /time Magazine | Title: The Skimmer | 10/19/2009 | See Source »

...Georgian architecture in the early 1900s eschewed features of modern architecture such as steel and cement, favoring instead the stately red brick and sash windows that were more characteristic of an earlier time...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERS | Title: Preserving Some of Harvard’s Best Kept Secrets | 10/19/2009 | See Source »

...under-utilized squash courts and empty in-House pools of many Houses may be replaced by modern amenities. The Pfoho House Committee has proposed including a bowling alley, which is also supported by House Master Nicholas A. Christakis...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERS | Title: Preserving Some of Harvard’s Best Kept Secrets | 10/19/2009 | See Source »

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