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Satyajit Sarna didn't like being a corporate lawyer. So the 24-year old from New Delhi quit his job and instead spent months writing a novel about what he knew best: being a corporate lawyer. A decade ago, a literary leap of faith like Sarna's may not have had much chance for a soft landing. But the Indian economy is growing, and so is its appetite for books. So instead of heading to a courtroom this week, Sarna packed his manuscript and headed south to the Jaipur Literature Festival to look for a new job - as an author...

Author: /time Magazine | Title: In Jaipur, the Indian Book Market Comes Into Its Own | 1/24/2010 | See Source »

...smackdown of Treasury Secretary Timothy Geithner, White House aide Lawrence Summers and other centrists who consider populism a dirty word, and have been accused (often unfairly) of being too close to Wall Street. Former Federal Reserve Chairman Paul Volcker, the head of Obama's Economic Recovery Advisory Board, has spent the past year getting frozen out of the White House while blasting Wall Street as a glorified casino; yesterday, he stood next to Obama as the President described the proposed ban on proprietary trading by commercial banks as "the Volcker rule." Other White House economic aides have also chafed...

Author: /time Magazine | Title: Can Obama Profit from a Wall Street Crackdown? | 1/22/2010 | See Source »

...entirely justified. B) There's no reason that government should inherently be inefficient. C) At a time when we've got such enormous problems and such limited resources, people are going to be looking to government for help. But they want to make sure that their dollars are well spent, because those are the same decisions that they're having to make in their own lives. They're looking for value. Whether they're shopping for a pair of jeans or they're going to a restaurant or they're buying a new car. And right now, they...

Author: /time Magazine | Title: Q&A: Obama on His First Year in Office | 1/21/2010 | See Source »

...that? My sense of it is that [U.S. special envoy to the Middle East George] Mitchell spent a number of months negotiating a settlement deal and saw some progress from the Israelis and kind of got blinded by that, because he didn't see that it wasn't sufficient progress for the Palestinians...

Author: /time Magazine | Title: Q&A: Obama on His First Year in Office | 1/21/2010 | See Source »

...think Vietnam is at a historic point in the challenges it faces," says Pham Hong Son, a former doctor and businessman who spent four years in prison on charges of spying after he posted a online translation of a U.S. government document entitled "What is Democracy?" Son believes authorities' cozy relationship with China has little benefit to most Vietnamese, and that authorities are only interested in protecting their own interests at the expense of the country. He doesn't expect the recent verdicts to have the intended effect of muffling discontent. The sham trial, he says, only further illustrates...

Author: /time Magazine | Title: In Crackdown, Vietnam Activists Sentenced | 1/21/2010 | See Source »

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