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...this year only because of the dollar's status as global reserve currency. But borrowing trillions isn't really a ticket to long-run prosperity. In fact, the current economic crisis may have been spawned by huge imbalances in global trade and capital flows that are in part the product of the dollar's special status. Global demand for dollars supplanted demand for U.S. products and services, argues Columbia University economist and longtime SDR fan Joseph Stiglitz, resulting in trade deficits, the decline of U.S. manufacturing - and years of supereasy mortgage credit. (Read "Is the Almighty Dollar Doomed...

Author: /time Magazine | Title: Why Supplanting the Dollar Would Be Good for America | 4/9/2009 | See Source »

...started? All that's required is a great idea for a product that will fill a need in the 21st century. These days you'd do best if your idea either makes people money or saves them money...

Author: /time Magazine | Title: The New Internet Start-Up Boom: Get Rich Slow | 4/9/2009 | See Source »

...Narcissism Personality Inventory, a 40-question test long used by psychologists, celebrities averaged 17.84. Longtime stars and newbies scored similarly, which might lead you to conclude that fame doesn't turn people into narcissists - it just attracts them. The more a person's fame was the unintended by-product of a skill, like playing an instrument, the lower the score. Reality-show participants landed numbers you'd expect only from 2-year-olds and fascist dictators. (Watch Stein interview celebrities on the TIME 100 red carpet...

Author: /time Magazine | Title: Why Joel Stein Is Not a Narcissist | 4/9/2009 | See Source »

...Like last year, coach Tommy Amaker has signed a star-studded lineup of high schoolers as he looks to remake the Crimson program. Local product Kyle Casey got interest from high-level schools, including Stanford, Vanderbilt, and Providence, and has impressive hops (if you haven’t seen it, Google “Kyle Casey dunk” and click the first link to watch him win a dunk contest). Point guard Brandyn Curry, rated the #40 point guard in America by Scouts Inc., could be the ballhandler of the future for Harvard, while three other highly-touted recruits?...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: BRAD AS I WANNA BE: Recruits Bring Hope to Crimson | 4/8/2009 | See Source »

...Intellipedia's boosters concede that their wiki is still largely an adjunct to the work of America's intelligence analysts. No finished intelligence product for decision makers is generated from Intellipedia - National Intelligence Estimates (NIEs) are still written the old-fashioned way, authored and circulated for peer review and consensus. When Tom Fingar tried in 2006 to produce an NIE on Nigeria using Intellipedia, he failed because it generated a stream of information rather than a formal thesis and was taken over by the traditional system...

Author: /time Magazine | Title: Wikipedia for Spies: The CIA Discovers Web 2.0 | 4/8/2009 | See Source »

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