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...help them resolve their crises by teaching them that more money isn't always the answer. "We made a film about the real problem that is facing the Indian consumer," says EMI's director, Saurabh Kabra. "We have to learn to live within our means." That's a moral that nowadays resonates far beyond India...

Author: /time Magazine | Title: The Wages of Consumerism | 10/2/2008 | See Source »

...Klein claims there is little "moral equivalency" between McCain's brand of lying and Obama's, with the former's ranging anywhere from the "annoying to the sleazy." And Klein could think of only one instance when Obama crossed the line (though never calling it a lie), whereas McCain has turned it into an art form. Absent from the list of Obama's "lies" is his declaration that McCain actually is O.K. with the war in Iraq continuing for 100 years if need be. That pronouncement far exceeds any exaggerations from the McCain camp. The media's love affair with...

Author: /time Magazine | Title: Inbox | 10/2/2008 | See Source »

...Klein claims there is little "moral equivalency" between McCain's brand of lying and Obama's, with the former's ranging anywhere from the "annoying to the sleazy" [Sept. 29]. And Klein could think of only one instance when Obama crossed the line (though never calling it a lie), whereas McCain has turned it into an art form. Absent from the list of Obama's "lies" is his declaration that McCain actually is O.K. with the war in Iraq continuing for 100 years if need be. That pronouncement far exceeds any exaggerations from the McCain camp. The media's love...

Author: /time Magazine | Title: Inbox | 10/2/2008 | See Source »

...rescue packages are concerned, the presumption must be that, for institutions that avail themselves of a government or central bank rescue operation, the managements concerned lose their jobs, and the shareholders lose their money. This is not vindictiveness: it is needed to prevent moral hazard and to ensure more prudence in future, and of course to protect the taxpayer. As for oversight, banks and other financial institutions clearly need to be far better capitalized than the existing rules require...

Author: /time Magazine | Title: Back to Reality | 10/1/2008 | See Source »

...longer in force, Harvard ought not consign itself indefinitely to an educational regime that administers only to the mind. For Harvard to produce once again well-rounded individuals, of strong character as well as strong minds, it would do well to revert to an older conception of moral education—of which the discipline, endurance, and sportsmanship provided by required physical exercise is a crucial component...

Author: By Christopher B. Lacaria | Title: A Gentleman’s Education | 9/28/2008 | See Source »

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