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...crime fiction, actually. Plots in good crime fiction are so insidious that they get into your head and you don't even know that they're there. I was once writing a book - I forget which one it was, it was one of the Easy Rawlins ones - I was way more than halfway through when I realized, "This is very familiar to me." I'm talking to myself, saying "Well, of course it is, you just wrote it." And then I said, "No, it's familiar for some other reason." And then I realized that I had read...

Author: /time Magazine | Title: Mystery Writer Walter Mosley | 3/25/2010 | See Source »

...bank, which failed in September 2008, to Enron. That put the energy company, at least briefly, in the headlines again. And Lehman Brothers is in the play as well, portrayed by two actors in an overcoat as a Siamese twin. "It's a play about our society and the way it attracts greed and corruption," says Richards. "Enron was the beginning." (See a TIME cover story about Enron's fall...

Author: /time Magazine | Title: Will Enron Play on Broadway? | 3/25/2010 | See Source »

...everybody remembers? Mainly because it's so simple and powerful. If the invisible hand of the market really can be relied on at all times and in all places to deliver the most prosperous and just society possible, then we'd be idiots not to get out of the way and let it work its magic. Plus, the supply-meets-demand straightforwardness of the invisible-hand metaphor lends itself to mathematical treatment, and math is the language in which economists communicate with one another...

Author: /time Magazine | Title: What Would Adam Smith Say? | 3/25/2010 | See Source »

...Administration may have decided that engagement was tried, and failed, when Iran refused the terms of the reactor-fuel deal, but others - like the Chinese - believe the negotiations route has a long way to go. The current deadlock suggests that Iran is unlikely to accept the terms currently on offer by the West for resolving the dispute, but that doesn't necessarily preclude any deal - Iran has floated a number of counter offers for exchanging smaller amounts of uranium or storing it on Iranian soil, but none of these has so far been acceptable to the U.S. and its allies...

Author: /time Magazine | Title: Washington's Shrinking Options on Iran Sanctions | 3/24/2010 | See Source »

...collectively recoil in horror at the idea of his country's going to the IMF, but Merkel is effectively daring him to do it. Speaking to the German Parliament in Berlin last week, Merkel said that calling in the IMF "would probably have to be the way out right now if action were to be taken." She went on to say that the euro-zone countries should be able to kick out one of their own to avert a crisis in the future - a statement deliberately aimed at Greece. (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Bailout Showdown: Greece and Germany Raise the Stakes | 3/24/2010 | See Source »

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