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...best interest of wealth to be, in part, spread. It is, after all, not money but the movement of money that produces more money. Deeper pockets across the country mean more that can be spent by consumers. In any case, during the past eight years we have been redistributing wealth - from our kids, and theirs, to the upper few percent on the economic ladder with little or none trickling down to the common man the GOP purports to speak for. Dan Thompson, Union...

Author: /time Magazine | Title: Inbox | 11/20/2008 | See Source »

...October, the country's central bank even offered part of its nearly $1 trillion in reserves to financially strapped nations like Iceland. In November, Japan also expressed willingness to lend up to $100 billion to the International Monetary Fund. But it isn't just money that's being spread around. "Because Japan's financial system is the least tainted at the moment," says Japanese parliamentarian Kotaro Tamura, "we have the opportunity to help save the world and spread a message of social responsibility...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...Japanese as a foreign language, triple the number who did in 1990, according to government statistics. "Foreigners used to learn Japanese for career reasons," says Tsutomu Sugiura, an adviser for the Marubeni Research Institute in Tokyo. "But today they learn because they are interested in Japanese culture." To help spread Japanese, the Japan Foundation, the nation's rough equivalent to the British Council or Germany's Goethe Institute, invites 500 foreign teachers from more than 50 nations to Japan each year for all-expenses-paid training programs. (Alimansyar is currently participating in the course.) The Foundation also plans to establish...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...altruistic enterprise. When Japan promises money for, say, a road in Africa, Japanese companies tend to profit from the lucrative contracts. But Japanese aid is about more than just helping Japanese businesses. Just as some in American foreign-policy circles believe that the U.S. has a mission to spread democracy around the globe, an increasing number of Japanese are keen to seed the world with their ideals. One key principle is an ability to modernize without losing its roots. "The history of Japan in modern times," says Kazuo Ogoura, president of the Japan Foundation, "is to have achieved advanced economic...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...said. “We believe small incentives help encourage students to perform well academically.” The brothers—who also founded DormAid, a company that offers housekeeping and laundry service on several college campuses including Harvard—said they hope that the program will spread to more campuses, depending on how well students spread word of the site. Eliot House resident Tony W. Wang ’11 is helping publicize GradeFund through word of mouth, on Facebook, and via E-mail. “I thought it was very innovative and something Harvard students...

Author: By Adrienne Y. Lee, CONTRIBUTING WRITER | Title: ‘GradeFund’ Provides Pay for Grades | 11/19/2008 | See Source »

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