Word: understood
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...high school girl who usually flips straight to the Arts section of TIME, but I read Justin Fox's Q&A about the bailout, and I think it was really smart to boil it down that way [Oct. 13]. Even I understood most of it. Still, for me, the obese elephant in the room is the question of where all the money went in the first place! Sara Makaretz, YARMOUTH, MAINE...
...five books nominated in that category by the National Book Foundation, the non-profit literary foundation that gives out the awards. The winner will be announced next month in New York City. Faust’s sixth book takes on how Americans managed and understood death during the Civil War, her area of scholarly expertise. Published early last year—just months after Faust assumed the Harvard presidency—the book garnered largely positive reviews and impressive sales for a historical work. In its first five months in print, Faust’s book sold close...
...something else entirely. And it festers, for that reason, among the middle-class voters who have lost almost everything—jobs, savings, homes—and who are loathe to gamble on a candidate whose entire campaign is based on change, when change is destroying them.Hillary understood Levittown. She pandered to it with duck-shooting faux Rust Belt authenticity, but also with tangible proposals for health care, energy, and job creation. And if she offended us when she argued that “Obama will have trouble appealing to white voters,” she was, unfortunately, exactly right...
...interrelationships between financial markets and between countries." That could be a Brown sound bite from yesterday, but it comes from a 1998 speech on Asia's market meltdown. Speaking to TIME last spring, he worried about the danger of "national supervisors and global flows of capital ... Nobody has quite understood how big the restructuring of the world economy needs to be." Nobody, his supporters would argue, but a politician who has focused on the problem for years...
...they trip each other. Wilson was strong enough to win a war but too stubborn to save the peace. Herbert Hoover was "the Great Humanitarian" who saved Belgium from starvation; under the right circumstances, he could have been a great President. But his temperament undermined his talent; he never understood that politics was more art than engineering. He later recalled that after growing up in Iowa as a Quaker orphan, he was 10 years old before he realized he could do something for the sheer joy of it without offending God. "Now that's a lesson from his early days...