Word: oceaneering
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Chances are you can't name a single central banker from the 1920s, but in their day, they were quite the celebrities, even giving false names when traveling by ocean liner in order to dodge the press. These were the men who - in the wake of WW I and the economic destruction it wrought - returned the world to the gold standard, used interest rates to bolster the value of currencies and let stock speculation run rampant. In short, they helped lay the groundwork for the Great Depression. In Lords of Finance: The Bankers Who Broke the World, investment manager Liaquat...
...beginning to ask who will serve as their nations' Obamas, change agents who vow to reach across party lines and heal divided societies. One Asian, it turns out, has already assumed the role. Just before the American election, on a string of islands and coral atolls in the Indian Ocean, another far less heralded poll took place. For 30 years, Maumoon Abdul Gayoom had ruled the Maldives, making him Asia's longest-serving leader. But on Nov. 11, he peacefully relinquished power after the country's first-ever multiparty popular elections. His successor is Mohamed Nasheed, a human-rights activist...
...take Detroit's health-care needs off the automakers' hands and develop a single-payer system before rolling it out on a national scale? Not having to worry about the medical needs of personnel would make Detroit automakers better able to compete with other companies. Matthew Ernst, Ocean Isle Beach...
Since 1903, the Coney Island Polar Bear Club has staged a New Year's Day plunge into the icy waters of the Atlantic Ocean. This year, nearly 700 men, women and children are expected to enjoy a chilly dip with as many as 3,000 less courageous souls watching from the shore. (The club's more dedicated members meet each Sunday during the winter to enjoy a cold swim.) TIME spoke with the club's president, Dennis Thomas, about how the group got its start, the psychology behind cold-water swimming and why 65° weather in January sucks...
First, let me ask the obvious question: Why in the hell would someone want to jump into the ocean during winter...