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...Idea of Small Loans Never has there been a more timely recognition of the quiet revolution started by microcredit pioneer Muhammad Yunus than the awarding of the 2006 Nobel Peace Prize [Oct. 23]. Yunus' achievement is a shining example of how social and religious prejudices can be sensitively overcome within a community and without the confrontation, sensationalism and politicization that seem to have become the hallmarks for handling issues today. For doing this and for subverting long-held economic principles, Yunus deserved both the Peace and the Economics prizes. Anushua Biswas Skipton, England...

Author: /time Magazine | Title: Letters | 11/20/2006 | See Source »

Solidarity leader Walesa won the Nobel Peace Prize and became President of Poland...

Author: /time Magazine | Title: My Person Of The Year | 11/19/2006 | See Source »

DIED. Milton Friedman, 94, pioneering free-market economist who won a Nobel Prize in 1976; in San Francisco (see page...

Author: /time Magazine | Title: Milestones Nov. 27, 2006 | 11/19/2006 | See Source »

...repeat the tired and disingenuous rhetoric that ignores the depressing reality in Iraq? Mark Wardlaw Santa Rosa, California, U.S. The Big Idea of Small Loans Never has there been a more timely recognition of the quiet revolution started by microcredit pioneer Muhammad Yunus than the awarding of the 2006 Nobel Peace Prize [Oct. 23]. Yunus' achievement is a shining example of how social and religious prejudices can be sensitively overcome within a community and without the confrontation, sensationalism and politicization that seem to have become the hallmarks for handling issues today. For doing this and for subverting long-held economic...

Author: /time Magazine | Title: The Global Wine Glut | 11/14/2006 | See Source »

...consensus statement has drawn a slew of high-profile signatories, including four Nobel laureates and a sitting justice on the South African Supreme Court of Appeal...

Author: By Nicholas M. Ciarelli and Daniel J. T. Schuker, CRIMSON STAFF WRITERSS | Title: Toward a Consensus | 11/13/2006 | See Source »

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