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...economists say Beijing's measures aren't going far enough. Huang Yasheng, professor of political economy at the MIT Sloan School of Management, says that the government needs to do much more to accelerate the income growth of poor Chinese if consumer spending is to play a bigger role in the economy. The average Chinese, he says, doesn't have as much cash to spend as many people think. Actual household income per capita is only about half of GDP per capita, compared to 80% or more in other major economies, placing "a cap," Huang says, on consumer spending...

Author: /time Magazine | Title: Will China's Consumers Save the World Economy? | 11/15/2009 | See Source »

...public also got the chance to vote on what they would save during a showdown between five of the university's professors, each of whom passionately defended an item dear to their hearts: a mass-produced gouache painting of Mt. Vesuvius, a marsupial mole preserved in formaldehyde, a 1960s toy car, an ancient fragment of painted wall plaster from what is now a London suburb and a collection of Victorian-era death masks. One professor put it best: "These objects don't have an intrinsic value." But each has an interesting back-story. The toy car, for example, belonged...

Author: /time Magazine | Title: London Museum Asks Public What to Pitch | 11/14/2009 | See Source »

...chloroquine and mefloquine have fallen impotent in this Southeast Asian border area, allowing stronger strains to spread to Burma, India and Africa. But this time there's no new wonder drug waiting in the wings. "It would be unspeakably dire if resistance formed to artemisinin," says Amir Attaran, a professor of law and medicine at the University of Ottawa who has written extensively on malaria issues...

Author: /time Magazine | Title: In a Malaria Hot Spot, Resistance to a Key Drug | 11/14/2009 | See Source »

...Arrow, 88, a professor emeritus at Stanford, says he is "baffled" by the U.S.'s refusal to support the plan. The cost of global artemisinin combination-therapy subsidies, he says, would run only about $300 million a year, a relatively small amount compared to campaigns to fight HIV/AIDS and tuberculosis. Drug subsidies alone won't eliminate malaria, he admits, but combined with indoor mosquito spraying, bed nets and proper monitoring of what different areas need, Arrow says, "the world can eliminate malaria...

Author: /time Magazine | Title: In a Malaria Hot Spot, Resistance to a Key Drug | 11/14/2009 | See Source »

...Statements along these lines abound in this highly verbal film, but the interview segments go far beyond a women-are-from-Venus approach in unfolding the fragility of both genders in their relationships. When describing why he fell in love with his wife, Sara’s boss, Professor Adams (Timothy Hutton), asks, “Do you think this sounds shallow? People’s real reasons?” Indeed, the reasons most test subjects give for justifying how they act toward others highlights the absurdity, cruelty and vulnerability of humans in their dealings with one another...

Author: By Sophie O. Duvernoy, CONTRIBUTING WRITER | Title: Brief Interviews with Hideous Men | 11/13/2009 | See Source »

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