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...DIED. JOHN COWPERTHWAITE, 90, Hong Kong's hard-nosed financial secretary from 1961-1971; in St. Andrews, Scotland. A disciple of 18th century economist Adam Smith, Cowperthwaite reduced the government's role in the economic affairs of the then-British colony, eliminating tariffs, lowering income tax to a maximum of 15% and slashing bureaucratic red tape. Hong Kong flourished under this policy of what he called "positive non-intervention," leading economist Milton Friedman to hail him as the embodiment of laissez-faire economics. "I did very little," Cowperthwaite said of his part in Hong Kong's prosperity...

Author: /time Magazine | Title: Milestones | 1/30/2006 | See Source »

...definitely a market for them." But in what form? The other pieces, among them a war memorial, a giant dung beetle and a life-size boar, are less valuable and have nothing in common except that they are big, unguarded - and made of bronze. Vernon Rapley, head of Scotland Yard's Arts and Antiques Unit, fears the worst. "They've either been rapidly exported or melted down" - a thought Rapley finds "quite repugnant." But the market price for raw copper has leapt 170% since 2003 to more than $4,800 a ton, driven by demand from countries like China...

Author: /time Magazine | Title: Art Is Long, Cash Is Better | 1/29/2006 | See Source »

...does one prepare to become one of modern history's most notorious dictators? "I learned the accordion," says FOREST WHITAKER, who plays the former Ugandan despot Idi Amin in the upcoming political drama The Last King of Scotland. The film follows a Scottish doctor who becomes Amin's personal physician. Whitaker also studied Swahili, met Amin's family and some of his former generals and visited the East African nation's palaces and temples. "Most people think of [Amin] as a monster," says the actor. "But he was funny, charming, passionate and flamboyant." Maybe. Since he's responsible...

Author: /time Magazine | Title: People: Jan. 30, 2006 | 1/22/2006 | See Source »

...WROTE THIS SCRIPT AS WELL AS SENSE AND SENSIBILITY. DO YOU HAVE ANY RITUALS WHEN YOU WRITE? No. My husband restored a barn in Scotland where we partly live, and he made a space at the top and said, "That'll be where you write." I haven't written a bloody thing there because it was designed for me to write in, so of course I can only write in the toilet. I write longhand. I find computers so overwhelming. They seem somehow more adult than...

Author: /time Magazine | Title: 10 Questions for Emma Thompson | 1/15/2006 | See Source »

...goodbye to single-malt snobbery. It's time to toast the arrival of more approachable?and affordable?blended whiskeys. Scotland's Jon, Mark and Robbo's Malt Scotch Whisky blends?the Smokey Peaty One, the Rich Spicy One and the Smooth Sweeter One?are already hits with the 18-to-35-year-old set in Europe. Now American distillers like Phillips Union are hoping to crack open the U.S. market with vanilla- and cherry-flavored blends. Connoisseurs may turn up their noses, but the new Scotches are surprisingly smooth...

Author: /time Magazine | Title: Life Style: Easy Drinking | 1/15/2006 | See Source »

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