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...that what the U.S. is in for? Not necessarily. One crucial difference is that the Federal Reserve under Ben Bernanke, a scholar of the Great Depression, has reacted to this crisis much more swiftly than his Japanese counterparts did in the 1990s. His nickname is "Helicopter Ben," because he believes it's the government's job to litter the landscape with money, if necessary, to prevent economic collapse. No surprise, then, that he endorsed the Treasury's plan to inject capital directly into the banks and this week backed yet another stimulus package for the economy...

Author: /time Magazine | Title: Living in a World with Less Credit | 10/23/2008 | See Source »

...leave it to a true VG scholar like my colleague Lev Grossman to flesh out my theory that it's graphic novels, not video games, that have proved the more reliable source for good movies. Maybe it's that the adult comix provide stories, and storyboards, while the video games supply only a premise; or that reading an illustrated novel is closer to the movie-watching experience than the Zen numbness that overcomes gamesmen in their 27th hour at the console. That kind of sensory exhaustion is what the viewer feels before Max Payne has lumbered to its conclusion...

Author: /time Magazine | Title: Max Payne on Screen: Just a Tease | 10/17/2008 | See Source »

...from a bomb-throwing radical into a socially acceptable pioneer in education. At the university in recent days, Ayers' colleagues have circulated letters expressing support. Similar formal statements may soon come from a group of alumni and the university itself. "Bill has nothing to be ashamed about in his scholarly career - it's one that any scholar can take pride in," says Victoria Chou, dean of the College of Education at the University of Illinois here, and a friend of Ayers for years. She adds, "I'm just disappointed in those in our country who would try to tear down...

Author: /time Magazine | Title: Chicago Says There Is Too Much Ado About Bill Ayers | 10/16/2008 | See Source »

...assumed names. He and his wife, fellow radical Bernardine Dohrn, turned themselves in after charges were dropped because of tainted evidence. (Ayers' famous quote afterward: "Guilty as hell, and free as a bird. It's a great country.") By the mid-1980s, Ayers had re-emerged as an education scholar and was on track toward tenured status at the University of Illinois. In the early 1990s, Chicago's mayor, Richard M. Daley, named him an assistant deputy mayor for education, and by the decade's end, he'd been named the city's Citizen of the Year...

Author: /time Magazine | Title: Chicago Says There Is Too Much Ado About Bill Ayers | 10/16/2008 | See Source »

...profound social and political change, the trajectory of China’s political and economic structure, and how the United States should respond to China’s modernization efforts. “It’s rare to hear from a diplomat who has also been a scholar,” said Graham T. Webster, a student in East Asian studies at GSAS. “It’s also good to hear from diplomats who are no longer in government because they speak more freely, and I think he did that today.” The lecture...

Author: By Laura G. Mirviss, CONTRIBUTING WRITER | Title: ‘Ping-Pong’ Diplomat Visits | 10/15/2008 | See Source »

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