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...desire to apply them to the wider world may be growing. Diamond belongs to a group called Rabbis for Obama, and says that in light of the financial crisis, its members have begun to discuss how the old wisdom could mediate the new mess. The question these days, he says, is not whether Jews can be induced to be more ethical than the market, but whether the market can be made more ethical. "I think classic rabbinic tradition is certainly pro-regulatory," he says. Meanwhile, Yeshiva's Levine calls in his journal article for what he describes as "an incentive...

Author: /time Magazine | Title: The Financial Crisis: What Would the Talmud Do? | 10/10/2008 | See Source »

When the dust settles, the committee might want to revisit Ussher's words and maybe even question the wisdom of the rules governing local-council investments and how local councils interpret them. For the moment, Britons' ire is directed outward: at Iceland's hubris in allowing its banks to expand imprudently. There are also mounting concerns about how Iceland's economic meltdown will affect British Main Streets. Icelandic investment companies also own significant shares in famous retailers such as Debenhams, Hamleys and Oasis, and an Icelandic entrepreneur even owns the East London premiership football club West Ham United...

Author: /time Magazine | Title: Iceland: Britain's Credit Crunch Scapegoat | 10/10/2008 | See Source »

Worse, as our ability to develop weapons has progressed, our ability to carry out our murderous plans advanced along with it. "For the same aggressive impulse, we can do a lot more killing," says psychologist John Dovodio of Yale University. The bad news is that wisdom, the human faculty that trumps all this, can be very slow to arrive. The good news is that with enough time, both individuals and the species as a whole do acquire...

Author: /time Magazine | Title: Race and the Brain | 10/9/2008 | See Source »

...love to rip apart English professor James Wood’s distilled volume of literary wisdom with a series of detached, postmodern, snarling riffs. But I can’t. “How Fiction Works” is just too pleasant a read. With a soft, avuncular tone, Wood sets out to investigate a fundamental question—how authors utilize both verisimilitude and artifice to invoke the real—by surveying a series of writing fundamentals. He weaves in and out of novels and ideas through a series of thought-stanzas until reaching his goal: a satisfying...

Author: By Madeleine M. Schwartz, CONTRIBUTING WRITER | Title: 'How Fiction Works' Works Just Fine, Thank You | 10/9/2008 | See Source »

...Samson and Prop Two’s opponents also argue that the initiative won’t help chickens. “A lot of the conventional wisdom about chickens is true...chickens do flock together,” he said, suggesting that chickens are less stressed in cages...

Author: By Lewis E. Bollard | Title: Yes on Two | 10/9/2008 | See Source »

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