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...that disagreements about government intervention won't disappear - and we'll continue to have true believers on the left and the right. But with the economy in uncharted territory, we'll come to recognize that party-line adherence to old political convictions won't provide any easy way out. Given that it was our unthinking trust in the unthinking certainty of "experts" that got us here - securitized debt? credit-default swaps? uh, sure, whatever - Americans can now revert to their ruthlessly pragmatic, commonsensical selves. Admitting that we aren't certain exactly how to proceed is liberating, and key. Hyperbolic rants...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...easy. But it wasn't only in olden times that Americans have coped with breathtaking flux and successfully undertaken dramatic change. In fact, we've just done it. During the era recently ended, we adapted to hundreds of TV channels and multiple phone companies and airlines that arise and disappear as fast as strip-mall stores. Women have come close to achieving real equality; being gay has become astoundingly public and unremarkable. And speaking of shaking off addictions, half again as many of us smoked cigarettes in the early '80s. We watched (and helped) the Soviet Union and its European...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

Although certain self-parodying epiphenomena of the Age of Profligacy - so long, Paris Hilton! - are about to disappear, fun will endure. Hollywood is doing fantastic box-office business, thanks to insanely unserious movies like Paul Blart: Mall Cop and Madea Goes to Jail. The Colbert Report has been a special haven of sanity amid the sky-is-falling hysteria. And again, history is encouraging in this regard: Saturday Night Live and modern comedy were born during the malaise-y '70s, just as wit and humor - the New Yorker, the Marx Brothers, screwball comedy - flourished in the '30s. I'm even...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

After Kosberg the history of River Run becomes fuzzy. Kosberg said he passed down the ritual to a fellow student in HRTV. But in 2001 the tradition seemed to disappear for a year, to resurface in recent years with minor additions and metamorphose. However, in 1997 the Crimson published an article publishing Kosberg’s exploits, so in our small way, Flyby and The Crimson would like to think that we have contributed to the posterity of this most excellent tradition...

Author: By Jillian K. Kushner | Title: Incantations, Voodoo and Revelry: A History of Appeasing the River Gods | 3/18/2009 | See Source »

...founded the clothing line Esprit - and then left it behind for conservation in the 1990s while it was still wildly successful - is the quintessential eco-baron and the source of Hume's best writing. Tompkins was always an outdoor adventurer - even while heading up Esprit, he would regularly disappear for months-long trips to the forests of South America - so when he burned out in the corporate world, Tompkins took his fortune, worth hundreds of millions of dollars, and began steadily buying acre after acre of threatened virgin forest in Chile. But he met with considerable resistance from the Chilean...

Author: /time Magazine | Title: When the Super-Rich Go Green, They Do It Big | 3/13/2009 | See Source »

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