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...finances, but instead result from a process of an open contest among all socioeconomic classes. Society can and should remove structural and economic barriers to employment, and firms will have no choice but to survive the increased demand on their resources. If the U.S. eliminates such obstacles, it will move one step closer to making RFK’s question a relic of the past...

Author: By The Crimson Staff | Title: The Pay Is the Thing | 4/9/2010 | See Source »

...clearly the government's priority this year, and a rising currency helps. It makes imports more affordable for Chinese consumers, and thus puts pressure on domestic producers to hold the line on price increases. But the Chinese leadership needed to ensure that it appears to be making the move of its own volition, and for its own reasons. (See pictures of the mysterious life of Hu Jintao...

Author: /time Magazine | Title: Why Geithner Made A Surprise Stop in Beijing | 4/8/2010 | See Source »

...Those reasons extend beyond an overstimulated domestic economy. The geopolitics of the move are also pressing for Beijing. Though exports collapsed last year as the world plunged into recession - China's current account surplus declined by about half as a percentage of its overall economy - that adjustment phase is over. Exports will again add to GDP growth in China this year, and in an era of high unemployment in the U.S. and Europe, the potential for a serious protectionist backlash is very real. (Indeed, a team from Treasury slipped quietly into Beijing recently to make just this point.) For administrations...

Author: /time Magazine | Title: Why Geithner Made A Surprise Stop in Beijing | 4/8/2010 | See Source »

...necessarily share U.S. and Russian concern that fissile material may fall into terrorist hands. Canada and South Africa, which both have large stockpiles of HEU, argue they need it to make medical isotopes profitably. Politics comes into play too: poor relations between Ukraine and Russia have hampered efforts to move Ukraine's large stocks of HEU to Russian facilities...

Author: /time Magazine | Title: Rescuing a Potential Nuke from the Chile Quake | 4/8/2010 | See Source »

...patronage networks of leading politicians, whose influence they rely upon to advance their careers in the armed forces. This provides incentive for soldiers to try to influence political outcomes. The most blatant example of such patronage came when Thaksin appointed his cousin as army chief in 2003. That move sparked a backlash among soldiers who were not part of Thaksin's patronage network. They feared the army would become a political tool for the Prime Minister, who was known for his inability to tolerate dissent. In 2006, top generals believed Thaksin was planning to remove them for refusing his orders...

Author: /time Magazine | Title: Does Thailand's Military Answer to the Government? | 4/8/2010 | See Source »

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