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Author Kurt Andersen's new book, Reset: How This Crisis Can Restore Our Values and Renew America, examines the economic, political and cultural opportunities to be found in the wake of the financial crises. In this excerpt, the fifth of five pieces to appear on TIME.com, he urges America to keep its edge, even as the recession fades...

Author: /time Magazine | Title: The Reset Economy: What Can We Learn From the End of Excess? | 8/8/2009 | See Source »

...presidency of Georgian President Mikheil Saakashvili, one of the Kremlin's archenemies, his power inside the country was weakened. Street protests against him have only recently come to an end. The war also strained Russia's relations with the West - relations that U.S. President Barack Obama was trying to reset on his recent visit to Moscow. (See pictures of Obama in Russia...

Author: /time Magazine | Title: One Year On, Could Russia and Georgia Fight Another War? | 8/7/2009 | See Source »

...Read Kurt Andersen's RESET blog on TIME.com...

Author: /time Magazine | Title: Immigration: Let's Get Over It Already | 8/6/2009 | See Source »

Read the first, second, and third excerpts from Reset...

Author: /time Magazine | Title: Immigration: Let's Get Over It Already | 8/6/2009 | See Source »

...Click here to purchase a copy of Reset: How This Crisis Can Restore Our Values and Renew America...

Author: /time Magazine | Title: Immigration: Let's Get Over It Already | 8/6/2009 | See Source »

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