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...unless Bernanke is an unusually good liar, he is a moderate Republican at heart, a market-based Keynesian who has a lot in common with Obama economists such as Larry Summers or Christina Romer, a pragmatist whose defining political experience before the past couple of years was getting screamed at by antitax activists while serving on a local school board. He's also a longtime inflation dove, and since the crisis began he's shown unprecedented willingness to jam the accelerator. It's true that he talks a fair amount about hitting the brakes someday, but he hasn't even...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

...right thing," says David Laibson, a Harvard economics professor who, like Mandell, has decided after years of research that education isn't a silver bullet. One idea being discussed in Washington is the automatic IRA. Employers would have to enroll each worker in a personal retirement-savings account unless that worker decided to opt out. (See pictures of a diverse group of American teens...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

...week should pass Cameron's own 1997 Titanic ($600.8 million) as the all-time domestic champ. Avatar is even closer to the record for worldwide ticket sales: at an estimated $1.836.1 billion, it's just $6 million behind Titanic's $1.842 billion. And it will reach that number tomorrow, unless the world ends tonight. Of course, there has been inflation in the past dozen years; Avatar still has to top Titanic's real-dollar domestic gross of $943.3 million, as adjusted by Box Office Mojo. (Another calculation has the real-dollar Titanic take at about $800 million.) Either way, though...

Author: /time Magazine | Title: Another Avatar Weekend: Legion Takes Its Lumps | 1/24/2010 | See Source »

...Bush and now a p.r. consultant. "But the American public is very forgiving." Sullivan, who admits he'd never take Edwards on as a client, nevertheless had some advice: tell it first, tell it all and tell it yourself. The ship has sailed on a couple of those - unless of course, there are more skeletons in the Edwards' well-appointed closets. So even though some people are begging Edwards to just go away, he needs to fess up to anything else, now, before the National Enquirer digs it up. The Enquirer, incidentally, is submitting its coverage of Edwards...

Author: /time Magazine | Title: Can John Edwards' Dreadful Image Be Rehabilitated? | 1/23/2010 | See Source »

...measures, which are unprecedented among Western democracies, are expected to get final Cabinet approval on Feb. 4 unless opposition parties are able to block them in court. For Berlusconi, this isn't so much an attempt at new media control as it is part of an old story line. The billionaire Prime Minister just happens to own the country's only major private television network, which critics say is a conflict of interest much more troubling for the country than any of his private dalliances or verbal faux pas. (See pictures about Silvio Berlusconi and the politics...

Author: /time Magazine | Title: Berlusconi vs. Google: Will Italy Censor YouTube? | 1/22/2010 | See Source »

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