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...said that it was not the lack of liquidity in Japan's economy, but the lack of demand that is behind the economic situation. On Nov. 20, the day that Hatoyama acknowledged deflation, Shirakawa said, "We need to work on the core reason for [deflation]: weak final demand as seen in capital investment and private consumption." Economists estimate Japan's demand shortage at around $400 billion a year. (Read: "Japan's Latest Economic Ailment: Deflation...

Author: /time Magazine | Title: Why Japan's Latest Attempt to Boost Its Economy Won't Work | 12/1/2009 | See Source »

...nature of self-identity, “Jardín de Pulpos” hopes to provide a revelatory and memorable show, as is the goal of TEATRO as a whole. “We hope to bring a different point of view that’s not seen in many of the plays and arts at the Harvard campus,” Alvarez says. “By exploring other cultures and other languages, we expose different ideas...

Author: By Alex C. Nunnelly, CONTRIBUTING WRITER | Title: "Jardín de Pulpos" Reveals Life Under Dictator's Tentacles | 12/1/2009 | See Source »

Several of the film’s vignettes stand out. Anyone who has seen Michael Haneke’s 2005 French-language drama “Hidden” recalls a certain scene: after 45 minutes of seemingly plotless meandering, a single moment of suicidal violence shocks the audience out of their fugue and puts them on the edge of their seats for the remainder of the film. “The Road” employs a similar effect; following a span of wandering, father and son come upon a disconcertingly civilized-looking house, which they are drawn to investigate...

Author: By Daniel K. Lakhdhir, CONTRIBUTING WRITER | Title: The Road | 11/30/2009 | See Source »

...pale paradisal green to cobalt blues and violets.” He would have been delighted by the chance findings of an Oregon State grad student this week, who in the process of experimenting with manganese oxide in a 2,000-degree furnace accidentally created a never-before-seen pigment of blue. Reportedly “shocked” at first, the professor in charge of the lab has confirmed that the crystal structure of the brilliant new color is stable, generating much excitement among chemists...

Author: By Jessica A. Sequeira | Title: Principled Uncertainty | 11/30/2009 | See Source »

...dynamic with change makes little sense. If you take a moment to reflect on the last few years, Brooks’s premise that the unregulated market normally directs capital to the fresh, flourishing, and socially productive doesn’t seem entirely truthful. Indeed, we’ve seen throughout the economic crisis that unregulated capital is often prone to fall to the aged, entrenched, and socially disconnected...

Author: By Raúl A. Carrillo | Title: The Vital Question | 11/30/2009 | See Source »

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