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...constitute divergent perspectives on the game. As a general rule, wins on individual hands cannot be interpreted as indications of future success. Novices often fall into the trap of thinking that they are performing well when they make money on a particular hand. They focus on the intermittent rewards, rising and falling with each incremental shift in their fortunes. But for the professionals, it’s only the wide-lens view that matters. It’s the difference between magnifying a single dip or rise in the Dow Jones and seeing it from a few feet away...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Playing for Keeps | 10/22/2009 | See Source »

...could be the first region to face inflation pressures. In China, growth is rapidly returning to pre-crisis levels. On Oct. 22, China reported that its gross domestic product grew by a healthy 8.9% in the third quarter, from the same period a year earlier. Inflation in China "will rise faster than in most other major economies and will therefore justify earlier and stronger-than-expected rate hikes," wrote Jun Ma, an economist at Deutsche Bank in Hong Kong, in a September note. Concerns are also mounting that continued loose monetary policy in Asia could fuel dangerous and unstable asset...

Author: /time Magazine | Title: Can the World Agree on a Stimulus Exit Plan? | 10/22/2009 | See Source »

...Lowdown: There's a certain cruelty to a rise in education costs amid an economic slump: it makes the single most effective tool to help the underemployed and jobless out of their rut become all the more unreachable. Though the government and private donors have stepped in to ease the financial crunch, the runaway costs of higher education threaten to make it unaffordable, especially to those who stand to gain the most from it. As the College Board report makes clear, the real-world benefit of college is not simply academic: the unemployment rate for those with bachelor's degrees...

Author: /time Magazine | Title: The Incredible Climbing Cost of College | 10/21/2009 | See Source »

Record sales at Christie's recently opened Dubai auction house and a veritable village of Middle Eastern pavilions at this year's Venice Biennale confirm it: Middle Eastern art is on the rise. But what do general audiences know about it? A current show in Paris hopes to address any preconceptions with work by emerging artists that exudes modernity and vigor...

Author: /time Magazine | Title: Golden Gates: Middle Eastern Art | 10/21/2009 | See Source »

...creating a secure environment for hundreds of thousands of foreign tourists in a state where close to 6,000 people are killed each year, more than 1,000 of them by police. The homicide rate in Rio had been falling in recent years, but it is on the rise again. And authorities, acutely aware that last weekend's violence occurred in the Olympic spotlight, didn't sound exactly reassuring.(See five great stadium designs...

Author: /time Magazine | Title: Can Rio's Crime Problem Be Solved Before the Olympics? | 10/21/2009 | See Source »

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