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...capita GDP of about $46,000. Moreover, conservative Chinese financial habits are deeply ingrained and driven by the need for "precautionary savings" for medical care, old age or sudden calamity in the absence of robust government safety nets. "It's not that Chinese like to save for the sake of savings," says Tan Khee Giap, chair of the Singapore chapter of the Pacific Economic Cooperation Council. "It's that for thousands of years they had to save to protect themselves." In other words, making it easier for other Asian countries to access China's market isn't the same...

Author: /time Magazine | Title: APEC's Bonding Experience | 11/16/2009 | See Source »

...Humanism, but only if the emphasis of good without God is not on the “without God” but rather on the “good”: on doing good, on living a good life for ourselves and for our loved ones, and for the sake of all human beings and for the sake of the natural world...

Author: By STEPHANIE R. MCCARTNEY, CONTRIBUTING WRITER | Title: 15 Questions with Greg M. Epstein | 11/12/2009 | See Source »

...many times, you can probably repeat it in your sleep. President Obama will no doubt make the point publicly when he gets to Beijing: the Chinese need to spend more; they need to consume more; they need - believe it or not - to become more like Americans, for the sake of the global economy...

Author: /time Magazine | Title: Five Things the U.S. Can Learn from China | 11/12/2009 | See Source »

...under our contemporary moral decorum, appeals for medical reform would then lose nearly all their persuasive force. While objectors rightly note that inaction hurts the uninsured, precisely because the currently comfortable might intend no harm, this complaint proves relevant but non-essential. In our modern mindset, sacrifice for the sake of another is obviously an act above and beyond the call of duty. We applaud the person who sacrifices for the stranger dying in the street, but we do not force others to follow suit. To the reform obstructionist who sees universal health care as a type of forced charity...

Author: By Gregory A. Dibella | Title: Centering the Health-Care Debate | 11/10/2009 | See Source »

...problem arises when these analyses come to be appreciated for their own sake instead of as a means to a greater moral end. When Lieberman tells reporters that he opposes a public option because it will “end up increasing the national debt,” he not only spouts incorrect facts—the CBO estimates that a strong public option would save $150 billion over ten years—but he also misses the point. An increase in national debt does not in itself lead to negative moral consequences. If the goals of the spending?...

Author: By Dylan R. Matthews | Title: Must Have a Code | 11/10/2009 | See Source »

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