• By the Numbers: Affected by the Financial Crisis

    A poll on the impact of the financial crisis on families shows that citizens in developing economies are feeling the worst pinch from restricted credit—and that high food prices are worrying one and all: 100 Percentage of polled countries where a majority of people say rising food costs have negatively affected them 37 Percentage where a majority say tight credit has hurt them. Mexico is worst off, with 91 percent reporting this. 71 Percentage where a majority say the crisis has hit them "a fair amount." The least affected? Germany (29 percent). 42 Percentage where a majority expect things to improve within a year. The most optimistic: Indonesia and China.
  • No Degree For You, Mr. President

    Andy Barr over at Politico is reporting that President Obama will not be receiving an honorary degree when he gives the commencement address at Arizona State University on May 13. A spokesperson for ASU told Barr that: "It’s normally awarded to someone who has been in their field for some time...Considering that the president is at the beginning of his presidency, his body of work is just beginning." But Obama will be receiving an honorary degree from Notre Dame when he delivers their commencement address on May 17.If the six member panel that decides who gets honorary degrees isn't excited about Obama, ASU students are making up for it. Each graduate receives up to six tickets for the ceremony, and some enterprising students are trying to make a quick buck out of Obama's appearance. CNN reports that students are scalping their tickets for between $60 and $100 on craigslist. I guess they're just doing their part for the economy.
  • Seriously, Who Runs Security at the Economic Club?

    Code Pink strikes again! This time while Larry Summers is trying to talk about policy choices and deflation at the buttoned-up Economic Club of Washington, D.C. But it sounds like they run out of steam after about fifteen seconds, probably because they didn't expect to be onstage for any longer than that (reasonably enough).
  • Fast Chat: North Dakota Sen. Byron Dorgan

    Future historians rummaging through the archives of the Washington Monthly might stumble upon a chilling article about a coming "financial conflagration … [E]very taxpayer in the country is on the line." The author was not some alarmist wacko, but a U.S. senator. And the year was not 2007, or even 2001. North Dakota Sen. Byron Dorgan expressed his fear of "exotic new derivatives called 'swaps' " way back in 1994. Five years later, when Congress passed legislation lowering the barriers between brokerages and banks, Dorgan told The New York Times, "I think we will look back in 10 years' time and say we should not have done this. " It's been 10 years, and Dorgan was dead-on. He spoke to Eric Adelson while visiting flood victims in his home state. ...
  • 50 Influential Rabbis

    Compiled by Sony Pictures Entertainment Chairman & CEO Michael Lynton, News Corporation Executive Vice President Gary Ginsberg and JTN Productions CEO Jay Sanderson
  • The Life of John Hope Franklin

    John Hope Franklin, 94Author and HistorianBorn into a world of segregation and a history of race written by whites, Franklin made himself into a great public intellectual— a bespoke black historian who put African-Americans on even ground in the national story. His research during Brown v. Board of Education helped desegregate the nation's schools, while his bestselling work "From Slavery to Freedom," now in its eighth edition, forever muscled aside racist portrayals of the black South. A graduate of Fisk and Harvard universities, he won enough honors for two lifetimes, including a Presidential Medal of Freedom. He died in Durham, N.C., where he was a distinguished professor at Duke. David Levering-Lewis, a Pulitzer Prize–winning historian whom Franklin mentored, shared these memories with NEWSWEEK's Tony Dokoupil:I heard about John long before I met him. As an undergraduate at Fisk, in fact, it was impossible not to hear about the great "John Hope," as he was universally known. At...
  • Today in Excellent Questions for Timothy Geithner

    "Just how much do you want to gut-punch Paul Krugman?"Daniel Drezner over at Foreign Policy wanted to throw this one into the queue for CFR's live blogospherically interactive interview with the Treasury secretary this morning. Sadly, though, he resisted the temptation.
  • The District: Episode Seven

    It's all about the Benjamins, baby -- now more than ever.  We join our hero this week as he realizes that promises are hard to keep, especially after signing a spending bill pizz-acked with earmarks. Yikes.  Some ugly rumors are ricocheting around the marble halls of our nation's capital: Could we possibly be forking over more cash to the banks and -- gasp! -- crafting a second stimulus package?!  Meanwhile, Team Barack starter Timothy Geithner is back for more as he struggles to get his economist friends to believe in his transformative power.  All this drama is set against an aural backdrop of ADHD, Sora An and Joe Echo -- click the player to tune in!
  • Alter: A New Era of National Service Begins

    An idea that began with Franklin D. Roosevelt's Civilian Conservation Corps 76 years ago and extends through several presidents in both parties (including Bill Clinton and George W. Bush) is about to get turbocharged.
  • Let’s Talk About Sex

    Congress loves abstinence-only programs so much it has thrown big bucks at them. The public? It's got better ideas.
  • "Stuffed" Takes On America's Fat Industry

    Sixty-four-ounce soft drinks. Monster Thickburgers. Unlimited refills. Americans are overstuffed, no doubt about it: two thirds of the nation is overweight and the number's ballooning as fast as our waistlines. Consumers blame food companies who bombard us with advertisements to eat, eat, eat; companies blame consumers who say they want healthier fare and yet continue to supersize. The truth? The responsibility lies all around, says Hank Cardello in his new book "Stuffed." A former exec at General Mills and Coca-Cola, Cardello had an epiphany about a decade ago (involving, naturally, a personal health scare). Now, he's at the forefront of obesity awareness and trying to get disparate interests—food CEOs and lobbyists on the one side, FDA watchdogs and nutritionists on the other—to come up with creative, profitable solutions to our public health crisis.That's easier said than done, as Cardello acknowledges. From pork-barrel farm bills that penalize non-corn vegetable crops to...
  • Color My World: Hues that Enhance Thinking

    Is your job to detect side-effects of a new experimental drug, scrutinize manufactured parts for defects or something else that requires close attention to detail? Then you might want to pick red chairs, curtains and carpet for your work space. Ditto if you're a student studying for a test: find a room with lots of red. Is your job to brainstorm new product designs, dream up ad campaigns and do something similarly creative? Paint the walls blue. And if you're a student who has to write a paper or poem for this weekend's homework, plan on doing it in a room with lots of blue....