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...President's advisers grasp the urgency of the task. "Would I like Americans to be more skilled?" Summers muses. "Yes. Would I like to be able to increase skill faster than is likely to be possible? Sure. Would I like a larger fraction of good entrepreneurial ideas to happen in the U.S.? Of course. There are millions of people who need work." But Summers need only read his own research to recall that traditional government policies are not going to pull us out of the job trap...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...predicting a global recovery is difficult. "Expectations are that the worst of the recession is over, but who can be sure of that?" says Edward Chow, senior fellow in the Energy and National Security Program at the Center for Strategic and International Studies in Washington. "The global economy is on a sugar high because of the stimulus spending." If the recession lags, oil prices could plummet again, discouraging oil companies from investing in exploration and new drilling and discouraging governments from introducing new alternative-energy programs. (See 10 next-generation green technologies...

Author: /time Magazine | Title: Oil Prices Stabilize; Can OPEC Keep Them That Way? | 9/11/2009 | See Source »

Could the trouble with money be that it's...too fast? Sure, you may think, it leaves your pocket too fast. But Woody Tasch, a longtime investment professional and founder of the Slow Money Alliance, is talking not about anyone's spending habits but money as a system: as money increasingly functions as electronic blips shuttling from screen to screen in speculative transfers, it becomes divorced from its effects in the real world and less reflective of actual wealth. The result, he says, has been bad for our economy, the planet and the individual investor. The antidote, according to Tasch...

Author: /time Magazine | Title: Can 'Slow Investing' Remake America's Food Industry? | 9/11/2009 | See Source »

...death due to liver failure) and the rumor of his posthumous final masterpiece, “2666,” to do as much in the rest of the world. Those two novels, massive in their respective scope and ambition, are dazzling and formidable to be sure. His was a new language in fiction; a language of the possible, of poetry vibrating in an uncertainty more readily comparable to that of Franz Kafka than Jorge Luis Borges or Gabriel García Márquez. A revolutionary and a giant to be sure; but beneath the earth of the legend...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Bolaño’s Quiet Terror | 9/11/2009 | See Source »

Whatever winter event you choose, make sure you deal with legitimate travel agencies and ticket brokers. After going that far, you don't want to be left out in the cold...

Author: /time Magazine | Title: Winter Doubleheader | 9/10/2009 | See Source »

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