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...index. Robert Shiller, the Yale University economist who helped create the home-price gauge, was something of a pop economist even before the real estate meltdown-a book published in 2000 warning about the coming crash in stocks made him a rock star of the last bubble, too. His latest book, Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters For Global Capitalism , was written with University of California, Berkeley economist George Akerlof. Shiller spoke with TIME's Barbara Kiviat...
Millions danced in the streets and a national holiday was announced by Philippines President Gloria Macapagal Arroyo to mark the latest victory of the island nation's great 21st century hero: boxing great Manny Pacquiao. The fighter also known as "Pac-Man" won in a knockout, beating British boxer Ricky "the Hitman" Hatton on May 2 and becoming the International Boxing Organization and Ring Magazine World Light Welterweight champion. It was a world record-tying sixth division title and fourth consecutive win in a different weight class. All that plus a 49-3-2 record are why some may think...
...Immortal, / and yet earthbound, hovering around their disbelief, / around their instinct not to believe…” they weep without understanding, until the anguish recedes and they are returned to indifference. It is the analysis of sorrowful themes such as this, tinged with optimism, that characterizes his latest collection “Speak Low.”In his 10th book, a collection of 38 short poems, Phillips presents a thoughtful view on the rituals that propel us through life and the ways in which we are able to break free of them.A Harvard grad, Phillips first published...
...words blossom inward toward the enigmatic center of the story, disclosing possibility rather than meaning. Sentences line the pages like bombs waiting to detonate. Johnson’s economy is the economy of Hemingway, if Hemingway was sleepwalking or under hypnosis. The passage above, from Johnson’s latest novel, “Nobody Move,” glimpses these heights. It’s the only one.In 2007, Johnson received the National Book Award for his six hundred-page Vietnam War epic, “Tree of Smoke.” Last year, he serialized...
...latest initiative to preserve the rain forest aims to create pressure for action ahead of July's G-8 summit in Italy and December's U.N. Climate Change Conference in Copenhagen, much as antipoverty campaigners like Bono harnessed the power of public opinion to push an Africa agenda at the 2005 G-8 summit. Blue State Digital, the Internet consultancy behind the hugely successful Web component of Obama's election campaign, is providing know-how and software to maximize the impact of the rain-forest campaign and mobilize supporters. The key, says Thomas Gensemer, managing partner of Blue State Digital...