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We should count ourselves lucky that residents of the nation’s capital seem to understand this best—they appear committed to both solving the economic crisis and promoting the arts at the same time. The tenacious, successful performance of the summer jazz series and the open...

Author: By Nathaniel S. Rakich | Title: It's a Free Country! | 8/11/2009 | See Source »

In short, Washington is in the midst of a sweeping power grab over the compensation practices of corporate America. This makes me cringe, at least a little. The government's record at pay regulation is not encouraging. The wage and price controls of the Nixon era were quickly abandoned as...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

Fair enough. Certainly, at the government-supported firms where Feinberg will determine pay, the case for intervention is open and shut. They're taxpayer-supported entities, after all. Feinberg does face tough decisions, such as what to do about Andrew J. Hall, head of the moneymaking Phibro energy-trading unit...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

3. Obama: "I think the whole election was a novel." The book includes some interesting musings from the then President-elect, who spoke to the authors six weeks after his win. Despite the challenges facing a young, black, first-term Senator wishing to be President, Obama said the outcome didn...

Author: /time Magazine | Title: The Battle for America | 8/10/2009 | See Source »

The call for sweeping reform is nothing new. In 2006, a landmark Supreme Court judgment laid down a set of seven directives aimed at providing the police freedom from political interference, and mandated the government to create dedicated agencies to handle public complaints against the police and to regularly evaluate...

Author: /time Magazine | Title: Can India Reform Its Wayward Police Force? | 8/10/2009 | See Source »

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