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...what about the idea that Ikea contributes to a culture of over-consumption? Any retailer wants people to buy more. But we're not trying to build products people should throw away in a few years to buy another one. We use raw material very efficiently. We're far more advanced than other furniture retailers at using less material in our products. I would foresee that in the not-too-far future solid wood products won't exist in our product categories. Resources are limited, so we use techniques where the wood is in the frame, but basically empty inside...

Author: /time Magazine | Title: Ikea CEO Anders Dahlvig on Surviving a Bad Economy | 11/18/2008 | See Source »

...official. On Nov. 17, Japan's government declared that the second largest economy in the world had slipped into recession for the first time since 2001. The Cabinet office of Prime Minister Taro Aso said that gross domestic product had contracted at an annual rate of 0.4% in the three months up to September, its second consecutive quarter of negative growth...

Author: /time Magazine | Title: Why Japan Has Slipped Into Recession | 11/18/2008 | See Source »

...both the United States’ desire to maintain open markets and Europe’s desire for more heavy-handed regulation. The G-20, established in 1999 and made up of 19 countries and the European Union, represents 90 percent of the world’s gross national product. The group will reassemble in London next April. —Staff writer Lauren D. Kiel can be reached at lkiel@fas.harvard.edu

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Former IOP Director at G-20 | 11/18/2008 | See Source »

While there are many people who are elated at the election of Obama, they may not have considered all the consequences. I used to think that status as a First or Third World country depended on economic indicators such as gross national product. It turned out I was wrong. Back in the days of apartheid, South Africa was regarded by the outside world as a First World country. When the black majority took over in 1994, however, it was instantly reduced by the press to a Third World country, although the economy performed better than before. So the designation seems...

Author: /time Magazine | Title: America and Change | 11/17/2008 | See Source »

...Barack Obama finally take the stage in Chicago’s Hyde Park, a little voice cut through the happy fog: “What if he gets shot?”This is why the best thing about the Harvard-Radcliffe Dramatic Club’s production of the Stephen Sondheim musical “Assassins,” produced by Daniel V. Kroop ’10 and Katherine K. Schick ’10, is the timing. “Let’s imagine the worst case scenario,” this play seems...

Author: By Richard S. Beck, CRIMSON STAFF WRITER | Title: 'Assassins' Rocks the Relevance | 11/17/2008 | See Source »

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