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Keynes led the British delegation to the 1944 conference in Bretton Woods, N.H., where Allied officials determined the postwar shape of the global financial system. He was unable to persuade his U.S. counterparts to give the institution at the heart of the new system, the IMF, the money-creation powers he envisioned. Those finally came in 1969 with the development of the SDR but remained limited in scope. No new SDRs have been created since 1981, and there are only 21.4 billion of them (equal in value to $31.9 billion...

Author: /time Magazine | Title: Why Supplanting the Dollar Would Be Good for America | 4/9/2009 | See Source »

...positions? Howard A. Zucker: I tend to be extremely critical and I tend not to exude superlatives, but I do find this a fantastic place to be. This is a rare opportunity in my career to actually step back from the moment and return to environment that helped me shape my career—college. I think the IOP is probably one of the most unique positions that I’ve held. These are the most rejuvenating months that I’ve experienced in my career in a long time. 2. FM: Do you think that...

Author: By Shereen P. Asmat, CONTRIBUTING WRITER | Title: 15 Questions with Howard A. Zucker | 4/8/2009 | See Source »

...look at myself as a celebrity or a brand. I've gained a lot of respect from an audience by talking about values. I feel a sense of responsibility to walk the talk. If you saw the exercise tape, you'd see I'm in damn good shape. That's inspiring for other women. The doll was something silly, I don't even think it looks like me. It looks like Barbie...

Author: /time Magazine | Title: Dr. Laura Schlessinger | 4/8/2009 | See Source »

...penchant for fast cars and liquor, often in combination. But last week he titillated the nation by leaking to a tabloid in Singapore - where he now lives in a luxury home - alleged proof of how his cousin Dipendra had secretly plotted the murder for years, in what could shape up to be a bid to distance himself from the government's renewed scrutiny of the massacre and any possible arrest, now that he is no longer officially royalty. (Read what 10 of the world's former monarchs...

Author: /time Magazine | Title: Revisiting Nepal's Palace Massacre | 4/8/2009 | See Source »

...While her photographs of New York street life helped shape a generation's impressions of the city, Helen Levitt, 95, was probably best known for shots of children from the '30s and '40s, whether they were wearing Halloween masks or watching bubbles float...

Author: /time Magazine | Title: Milestones | 4/7/2009 | See Source »

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