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...Murphy says that a silver lining in the deflationary cloud is that it reduces prices for consumers on products such as household items. Ultimately, though, he says deflation is a symptom, not a cause, of fundamental economic ills. "You want to treat the underlying cause and that is declining economic vitality, such as not enough investment in new companies, etc." In other words, if Japan can make progress in overcoming its chronic economic malaise, deflation will eventually disappear without a direct attack by policymakers...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

...With reporting by Karen Ball / Kansas City, Mo.; Alexandra Silver / New York City; and Elizabeth Dias and Sophia Yan / Washington...

Author: /time Magazine | Title: The Growing Backlash Against Overparenting | 11/20/2009 | See Source »

Without fail, it seems, Americans are invited to experience the end of the world as we know it on the silver screen every year. This year is no exception—the highly touted apocalyptic vision “2012,” hitting theaters soon, puts a Mesoamerican twist on the conventional doomsday script. Yet though “2012” promises little in the way of a groundbreaking storyline, it promises nevertheless to be a box office hit—for, like all disaster movies, it portrays some of our culture’s most pressing philosophical...

Author: By John W. He | Title: The End of the World, Again | 11/18/2009 | See Source »

...being silly in the audition. I'd be posing. I guess I tried to ignore every aspect of the confident hero of the story. And I played the extreme opposite. It didn't end up being that in the film. (See 90 years of vampires on the silver screen...

Author: /time Magazine | Title: Q&A: Robert Pattinson | 11/17/2009 | See Source »

...Silver-spoon voluntourism has its critics, of course. Christopher Elliott, a syndicated travel columnist and blogger in Orlando, Fla., thinks these efforts are aimed at wealthy guests "who want to soothe their guilty conscience by doing something that's billed as 'giving back...

Author: /time Magazine | Title: Room Service and a Shovel: The Rise of Voluntourism | 11/16/2009 | See Source »

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