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Kaufman, who has taught politics at Duke and holds an MBA from Wharton, traces the roots of the collapse to what he calls the "great regulatory meltdown" of the past two decades, a move that was largely endorsed by Summers when he served as Treasury Secretary under President Clinton. But...

Author: /time Magazine | Title: The Replacement Senator Causing Democrats Fits | 4/8/2010 | See Source »

Seeing China Clearly It would be comforting to think, as some of Obama's advisers do, that the tensions between China and the U.S. in recent months - the falling-out at the Copenhagen climate-change summit, angry words over Tibet, disagreement about the right way to handle Iran, the woes...

Author: /time Magazine | Title: Hu's Visit: Finding a Way Forward on U.S.-China Relations | 4/8/2010 | See Source »

To many in Beijing, the U.S. looks weak. Chinese intellectuals often pair 9/11 with what they call 9/14 - the day news broke of Lehman Brothers' 2008 collapse - as mileposts of Western decline. There is a sense of American haziness that is reinforced by the fact that our leaders have often...

Author: /time Magazine | Title: Hu's Visit: Finding a Way Forward on U.S.-China Relations | 4/8/2010 | See Source »

At first glance, this might look sinister. But the reality is that it is simply different and not yet necessarily good or bad. China could try to reshape the global order alongside the U.S., in ways that help by supporting American economic recovery, defining new norms on proliferation, cooperating on...

Author: /time Magazine | Title: Hu's Visit: Finding a Way Forward on U.S.-China Relations | 4/8/2010 | See Source »

It follows that any actions by China that threaten global stability have to be rebuked. The habit of trying to make China cooperate only by granting concessions has not worked. Co-evolution suggests a different approach. It acknowledges the importance of giving China a say in how the world develops...

Author: /time Magazine | Title: Hu's Visit: Finding a Way Forward on U.S.-China Relations | 4/8/2010 | See Source »

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