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...some of India's more fierce internal conflicts: "Forecasts have predicted that India's twin forces of a free market and a secular state will ensure uninterrupted growth and a steady move toward liberal economic ideas. But I have noticed that people outside the country often sound far surer about where we are headed than Indians themselves. In this, India is a bit like a Monet painting - from a distance, the picture seems clear. It presents an image of an increasingly liberal, outward looking country which is eager for the opportunities that are now within its grasp. But close...

Author: /time Magazine | Title: Imagining India: A Manifesto by the Bill Gates of Bangalore | 3/23/2009 | See Source »

...Switzerland's one step further along. In an effort to fend off the threat of deflation, the Swiss National Bank announced March 12 it would dump francs in the first such move by a major central bank for years. The move was enough to cut 3% off the currency's value against the euro; since then, the franc's fallen further still. Even the greenback, which rallied in recent months, stands at its lowest level against the euro since early January following the Fed's announcement last week that it would spend some $1.2 trillion on government and mortgage bonds...

Author: /time Magazine | Title: Why the Norwegian Krone Is the World's Safest Currency | 3/23/2009 | See Source »

...important milestone on his CV. Gregg's contribution to the debate about the federal budget is a statement he made on CNN's State of the Union talk show. He observed that if Congress approves the budget as it has been proposed by the Administration and deficits consequently move up at the rate that the Congressional Budget Office has projected in its analysis of the budget, the nation will become bankrupt and people would stop buying American debt. (See the 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Senator Gregg and the Princes of Anarchy | 3/23/2009 | See Source »

...reminds me of an experiment you can perform on yourself. When we move around, our eyes are hardwired to balance things out, a bit like an antishake mechanism in a camera. As we wobble about, our eyes wobble to smooth out the picture. They can move up and down and left and right, but our eyes balance in a rotational way as well. If you look in a mirror and tilt your head all the way to one side so that one ear is pointing to the ceiling, and then tilt your head all the way to the other side...

Author: /time Magazine | Title: Why S___ Happens | 3/23/2009 | See Source »

...Still, Hawkins' theory is one of the more legitimate attempts at a Stonehenge explanation. In the 12th Century, the legend of King Arthur wasn't completely regarded as fiction. In his account of Stonehenge, historian Geoffrey of Monmouth wrote that troops tried to move the stones from Ireland to England in order to provide a monument for their war dead. When they couldn't, they enlisted the help of the wizard Merlin to transport the massive stones - some weighing as much as 50 tons - back to Britain before arranging them in the current configuration...

Author: /time Magazine | Title: Stonehenge Theories | 3/20/2009 | See Source »

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