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...explain the greed on Wall Street if you are arguing that extrinsic motivators aren't as powerful? People respond to incentives in their environment. They take the low road sometimes. They take shortcuts and sacrifice the long term for the sake of the short term. We have the reward-and-punishment drive, absolutely. My argument is that science shows we also have that third drive [of doing something because of inherent satisfaction]. If we neglect the third drive, we're leaving huge amounts of talent on the table...

Author: /time Magazine | Title: Business Guru Daniel Pink on What Fuels Good Work | 1/12/2010 | See Source »

...have confidence that Merkel means what she says. "When it comes to crunch time" on Iran, says a senior U.S. State Department official, "we'll be looking closely at what Russia and China are willing to do. But we have no concerns about Germany." (See pictures of the Berlin Wall...

Author: /time Magazine | Title: Angela Merkel's Moment | 1/11/2010 | See Source »

...people who have never tamed their impulses for fear of drawing the attention of malign authorities nor tempered their dreams before an authoritarian state can trample them, her self-control can seem inhuman. On Nov. 9, 1989, as East German authorities gave up the struggle and opened the Berlin Wall, Merkel kept her regular appointment at a sauna. But the Chancellor's poise and self-confidence cannot obscure the question that the challenges of Afghanistan and Iran pose to her nation: When you are as rich and secure as modern Germany now is, what are your obligations to the world...

Author: /time Magazine | Title: Angela Merkel's Moment | 1/11/2010 | See Source »

Finally, those who believe that language shapes reality eagerly await the annual Lake Superior State University Banished Words List, due out New Year's Day - words and phrases that have earned retirement because of overuse. The 2009 list included Wall Street/Main Street, iconic and game changer, but who could have foreseen that the iconic Tiger Woods scandal would become a game changer that reverberated from Wall Street to Main Street? Whatever is in store for 2010, it's a comforting thought that we'll at least know how not to describe...

Author: /time Magazine | Title: Remembrance of Things Future | 1/11/2010 | See Source »

...instance, unlike elected, Wall Street--tied conservatives, media conservatives could full-throatedly embrace, and be embraced by, the conservative-libertarian tea-party phenomenon, which Fox News has practically owned. This should worry the officeholding GOP: a December Rasmussen poll found that if the Tea Party were an actual party, it would win more votes for Congress than Republicans would. Fox News and the tea parties may now be hotter political brands than...

Author: /time Magazine | Title: 2010 and On: Pundits Get Ready for Their Close-Up | 1/11/2010 | See Source »

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