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...mixed" economy performed well for a while, but by the 1970s it had run into a wall. State-owned firms drained the national budget while inflation soared. In came Margaret Thatcher, who launched a wide-scale privatization of the British economy. The market was back. "It was becoming obvious to people," Thatcher once said, "that the socialist way meant accepting decline...

Author: /time Magazine | Title: Why Government Intervention Won't Last | 11/25/2008 | See Source »

...have situations where there is a population of 60,000, and we have 120 soldiers in a base. In those circumstances, they might well say that they have not seen us. North Kivu is twice the size of Belgium, and a third of our forces are there, though for obvious reasons, they are mostly in and around Goma. I can understand the frustration. But you can see the scale of the problem, and we're just trying to manage these realities and these operational dilemmas. The expectations of what we can do are a problem. We cannot meet them...

Author: /time Magazine | Title: What Kind of Peace Is There to Keep in Congo? | 11/24/2008 | See Source »

There were obvious reasons for the Obamas to pick Sidwell Friends for their daughters Sasha and Malia. As the school that educated Chelsea Clinton, Al Gore III and the Nixon girls, it understands the unique personal and security needs of prominent children. It provides a first-rate education on two well-equipped campuses. Nearly 4 in 10 students are children of color. But the choice makes sense at a philosophical level as well, because of how Quakers view the challenge of shaping children into socially responsible and spiritually aware adults...

Author: /time Magazine | Title: Why Sasha and Malia Will Go to Sidwell Friends | 11/22/2008 | See Source »

...prompting the Holder meeting, which took place at 6 p.m. on Jan. 15. The deputy AG sat in silence as he heard the allegations. He knew they had to be investigated quickly. The question was by whom. His own department, run by Clinton appointees, had an obvious conflict. A new independent counsel could be brought in, but not in time to gear up for the President's Jan. 17 deposition. He saw no alternative but to let Starr's office carry the ball. Reno formalized the decision...

Author: /time Magazine | Title: Will Holder's Role in Lewinsky Probe Get Scrutiny? | 11/21/2008 | See Source »

...infringe on their human rights and give them a case for asylum. But, at the same time, the British also can’t return them to Somalia, where they would face harsh punishment under Shariah law, which would violate the British Human Rights Act. This situation presents an obvious need for an international court for the express purpose of trying pirates and other individuals outside of typical national jurisdictions...

Author: By Steven T. Cupps | Title: Pirate Code | 11/20/2008 | See Source »

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