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In a famous 1957 essay, "Underground Films," Manny argued that "the true masters of the male action film - such soldier-cowboy-gangster directors as Raoul Walsh, Howard Hawks, William Wellman, William Keighley, the early, pre-Stagecoach John Ford, Anthony Mann" - deserved a higher place in the cinema canon than the...

Author: /time Magazine | Title: Manny Farber: Termite of Genius | 8/26/2008 | See Source »

Right now, it's a familiar place to many of Britain's banks. On August 7, rival Barclays added $5.4 billion to the enormous sums British lenders have written off amid the credit crisis; London-based HSBC, Europe's largest bank, made a similar contribution a few days earlier. For...

Author: /time Magazine | Title: The Credit Crisis Spreads to Europe | 8/11/2008 | See Source »

Creating New Incentives Even so, no matter how hard businesses look or how creatively they think, there are some problems in the world that aren't amenable to solution by existing market incentives. Malaria is a great example: the people who most need new drugs or a vaccine are the...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

In 1970, Nobel-laureate economist Milton Friedman wrote a magazine article about "corporate social responsibility," an earlier term for something very much like creative capitalism. Friedman said the responsibility of corporations was to maximize value for their stockholders--period. Anything else was a betrayal of those stockholders, who can always...

Author: /time Magazine | Title: The Audacity of Bill Gates | 7/31/2008 | See Source »

Though the lawyers involved in the case have received well-deserved praise and attention in the media, Heller, who has given out few interviews (perhaps because of the book he jokes about writing) was somewhat marginalized by the media in the later stages of the case. He has come back...

Author: By Daniel P. Robinson | Title: Giving 'Em Heller | 7/30/2008 | See Source »

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