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MARCH 2, 2009

TOp of THE WEEK

ASummersofAnotherColor 38 Market detox Business by Hernando de Soto 42 How to get China lending

by Barrett Sheridan Society & The Arts 44 Why the recession may be

good for art byPeterPlagens 52 The ultimate urbanist

by Christopher Werth

Obama's economic guru was once knOWIlas a fierce defender of free markets and deregulation. No more. Here's what changed bis mind.Pa~e 16

THE ISSUE World Affairs

10 The man for the moment byJonathan Alter 16 The reeducation of Larry

Summers byMichael Hirsh 20 Tibet's rising son

by Patrick Symmes 24 Story of a slumdog

by Sudip Mazumdar

DEPARTMENTS

4 Periscope 5 Perspectives 9 WorldView 57 The GoodLire 60 The Last Word 25 Entrepreneurship

cornes to France by TracyMcNicoll 2& Backon the

farm in China by Mary Hennock 28 The green est nation

by Stifan Theil 37 Net-savvy dictators

by EvgenyMorozov

TRICKQUESTION: Which country is the world's greenest?

GOVER:PHOTOGRAPH

BY KHUE BU! FOR NEWSWEEK

Vol.GUll, No.9. March 2, 2009 @2009 by NEWSWEEK,Inc., 251

West

57th Street, NewYork, NY10019.Printed by Roto Smeets, Weert, Netherlands. Ali rights reserved. Registered at the Post Office as a newspaper. Copyright under the International Copyright Convention.Copyright reserved under the PanAmerican Convention. Registered in the Philippines Patent Office. ln the U.S.A.:Postmaster: send address changes to NEWSWEEKINTERNATIONAL,251West 57th Street, NewYork, NY10019;periodicai postage paid at NewYork, N.Y.,and at additionai mailing offices. NEWSWEEKINTERNATIONALis written and edited for a worldwide audience and is published weekiy, except occasionally two is- sues are combinedinto one expanded issue which counts as two subscription copies, in the U.K.by NEWSWEEK,Ina. (lSSN 0163-7053). Toorder reprints (minimum order required: 500 copies) or request permission to republish a NEWSWEEKarticle pleasecali 1-212-445-4870 or fax 1-212-445-5764. Dir. Resp.Italia Marco Provasi; rappr. iMD sri, via G. da Velate11-20162Milano; aut. Trib. Mi N.453 dei 12/06/87 sped. Abb. Post. 45% art. 2 comma 20/b Legge 23/12/96 n. 662 Miiano;Repr.pour ia France: E.M.O.France S. A., B.P.1029-59011 Lille Cedex-Tel 03.20.30.03.02.le Directeur de ia Publication: Alan F.Bone-C.P.P.A.P. No.0708C 83393. Ce numéro comprend un encart de deux pages (abonnement) situé entre les folios 2 et 55. Editeur responsable pour la 8eigique: André Verwilghen, AvenueLouise176,1050 Bruxelles

TOPTO BOTTOM, PHOTOGRAPH BY KHUE BU! FOR NEWSWEEK,)EFF )ACOBSON-REDUX 3

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ln the U.S.A.: Postmaster: send address changes la NEWSWEEK INTERNATiONAL, 251 West57th Street, NewYork,NY10019; periodicalpostagepaidat

ln the U.S.A.: Postmaster: send address changes to NEWSWEEK INTERNATIONAL, 251 West57th Street, NewYork,NY10019; periodieai postage paidat NewYork,N.Y.,and at additionaimailing

ln the U.S.A.: Postmaster: send address changes to NEWSWEEK INTERNATIONAL, 251 West57th Street, New York, NY 10019; periodicaipostage paidat NewYork,N.Y.,and

ln the U.S.A.: Postmaster: send address changes ta NEWSWEEK INTERNATIONAL, 251 West57th Street, NewYork,NY 10019; periodieal postage paidat NewYork,N.Y.,and

ln the U.S.A.: Postmaster: send address changes to NEWSWEEK INTERNATIONAL, 251 West 57th Street, NewYork, NY10019;perlodical postage paid at New York, N.Y.,and at addltlonal

ln the U.S.A.: Postmaster: send address changesta NEWSWEEK INTERNATIONAL, 251 West 57th Street, NewYork, NY10019;periodical postage pald at New York, N.Y.,and at additlonal

ln the U.S.A.:Postmaster: send address changes to NEWSWEEK INTERNATIONAL, 251 West 57th Street, New York, NY10019; periodical postage paid at NewYork, N.Y.,and at add~ional

ln the U.s.A.: Postmaster: send address changes to NEWSWEEK INTERNATIONAL, 251West 57th Street, New York, NY10019;perlodlcal postage pald at NewYork, N.Y.,and atadditlonal