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...lesson Lawrence Summers mastered with great ease. But after nearly a decade working beside sphinxlike Alan Greenspan, and having watched his own tenure as president of Harvard cut short by a phrase that slipped too nimbly from brain to mouth, Summers, director of the President's National Economic Council, has become a restrained public man. Gone are the days when he would glibly compare flailing financial markets to jet crashes, as he did to TIME in 1999. He is mindful of how ill-considered asides by policymakers can cause financial-market angina. So you can probably imagine the ripple that...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...this idea - one more question, I have to figure out what it is - this idea that there's a kind of - some corporations talk about now kind of a double dividend, where there's a profit motive, but it also does - gives back to the community. They use this phrase called, like, the triple bottom line, where there's profitability, it's good for the environment, and it's good for the community...

Author: /time Magazine | Title: Exclusive Interview: The Obamas on The Meaning of Public Service | 9/10/2009 | See Source »

...television, the cautionary call of a worried regime, met every night by the response across rooftops, "Allahu akbar, Allahu akbar" (God is great, God is great). Not with every holiday, religious event and memorial day an opportunity, a possibility, for protest. Things are not yet over in Iran. The phrase "Atash zire khakestar" (There is yet fire under the ash) is heard a lot these days...

Author: /time Magazine | Title: Back to School in Iran: How to Deal with a Bad Summer | 9/7/2009 | See Source »

...Libya repeatedly warned Britain of "catastrophic effects" for their relationship if al-Megrahi died in jail - the alarmist phrase also emerges in the minutes of the March 2009 Glasgow meeting. Ministers in Westminster duly conveyed these threats to Edinburgh. Labour and the Scottish Nationalists are fierce opponents. "The British government have a better relationship with [Libyan leader Colonel Muammar] Gaddafi than they do with Scotland," says Ed Owen, a former special adviser to Straw. But Scottish politicians could not ignore the overlap between Scottish and U.K. interests. Instead, they devised a plan to release al-Megrahi on compassionate grounds, rather...

Author: /time Magazine | Title: Documents Reveal British Role in Lockerbie Bomber's Release | 9/2/2009 | See Source »

...billion drop last October and a list of expenses that keeps on growing, it is no surprise that Harvard has been hunting for revenue sources to continue funding its essential programs. But one of these new ventures—Harvard’s agreement to license the phrase “Harvard Yard” to the Wearwolf Group for use in a line of upscale clothing—has elicited unwarranted student criticism and media attention. Given that the profits from the clothing line—which will sell men’s shirts for $160 and sportcoats...

Author: By The Crimson Staff | Title: Peddling Preppy Pants | 9/1/2009 | See Source »

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