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...well to learn from the lessons of the past. Nearly eight decades ago, as the Great Depression was beginning to plunge the United States into ever-greater economic peril, Congress—at the behest of the agricultural and industrial lobbies—passed the highest set of import duties in American history, the Smoot-Hawley Tariff Act. The results were disastrous; according to the State Department, “while the tariff might not have caused the Depression, it certainly did not make it any better. It provoked a storm of foreign retaliatory measures… Such policies contributed...

Author: By The Crimson Staff | Title: A Poor Excuse | 3/8/2009 | See Source »

...result, British circuses rely on artists from countries with long-established histories of state-sponsored circus schools: they call on Argentina and Colombia for their renowned high-wire acts, China and North Korea for acrobats, and Mongolia and Russia for horse riders. (Interestingly, they don't need to import bearded ladies.) About 500 circus performers enter the U.K. annually, and roughly half of them must obtain short-term visas because they come from outside the European Union...

Author: /time Magazine | Title: Britain's Clown Shortage: Visa Rules Hit the Circus | 3/6/2009 | See Source »

...plan to drastically expand health coverage in rural China, where some 800 million of China's 1.3 billion people live. That's a step forward. But China will need to spend more to expand its safety net, as Lu says, and it needs to hurry. If only it could import Barack Obama's economic-recovery act. It might work better here than it does at home...

Author: /time Magazine | Title: Should China and the U.S. Swap Stimulus Packages? | 3/5/2009 | See Source »

...flavors such as mussel adobo and creamy shiitake pesto. If you can manage it, wash it all down with thick, creamy tsokolate, a Spanish-style hot chocolate blended with peanuts and whipped to a heady froth. But be prepared to swap those afternoon sightseeing plans for another great Spanish import: a siesta...

Author: /time Magazine | Title: A Taste of the World in Manila | 3/5/2009 | See Source »

...Both sides are likely overstating the doctrine's import. Even if it were to return, liberals would have a hard time co-opting the Fairness Doctrine to limit conservative talk radio to the degree they might like. The FCC has never applied the Fairness Doctrine to a talk radio host, nor does the regulation force stations to give equal time for every perspective. Further, the point might be moot without support from the Oval Office - which the doctrine does not currently enjoy. "As the President stated during the campaign, he does not believe the Fairness Doctrine should be reinstated...

Author: /time Magazine | Title: The Fairness Doctrine | 2/20/2009 | See Source »

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