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...Curious Capitalist for Fox's daily take on business and the economy...

Author: /time Magazine | Title: A Slow-Motion Wreck for Commercial Real Estate | 1/18/2010 | See Source »

...capital. Later, as Christianity gained popularity, worshippers held group prayers in public every Christmas. But after the Japanese government took control of Korea in 1910, the new administration began suppressing religious gatherings, and by the 1950s, - after the Korean War left the peninsula split into a communist north and capitalist south, - the northern government began to carry out executions of thousands of Christians for the years to come...

Author: /time Magazine | Title: How Christmas Is (Not) Celebrated in North Korea | 12/24/2009 | See Source »

...when his firm's rapid return to megaprofits this year ignited claims that Goldman Sachs had engineered the financial crisis so it could profit from it, Blankfein seemed the perfect man to explain why his firm - and indeed all of Wall Street - was not a band of élitist capitalist vampires but instead a virtuous bunch. But even everyman Blankfein, who launched his image offensive this summer with an interview in TIME, has not been able to turn back the wall of populist anger against his firm and Wall Street in general. His claim that he and his colleagues were...

Author: /time Magazine | Title: TIME's People Who Mattered 2009 | 12/17/2009 | See Source »

...addition, the eco-friendly homes tax credit, affectionately labeled “cash for caulkers,” serves the dual goals of economic stimulus and environmental reform. The program, a brainchild of John Doerr, a Silicon Valley venture capitalist, and Bill Clinton, would give households anywhere from $2,000 to 4,000 to pay for weatherization projects. This stimulus is beautifully effective—homeowners are incentivized to carry out renovation projects that generate job growth and create more environmentally friendly homes. By combining green initiatives with fiscal stimulus, Obama’s proposal kills two important birds with...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

...certain European political and intellectual circles, such talk would hardly turn heads. But those three men wagging their fingers at the free market were thought to have their capitalist bona fides as part of a generation of European business and government leaders who had pushed for reforming the welfare system and opening up the job market. Often in open ideological war against the entrenched interests of labor unions and leftist politicians, the likes of Sarkozy and Tremonti had long insisted that free-market reforms were the only way to create a more dynamic Europe in an increasingly competitive globalized economy...

Author: /time Magazine | Title: Europeans Sour on American-Style Capitalism | 11/17/2009 | See Source »

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