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Sunday, December 18, 2005

The Rock Star and the Nerds 



There you have it. Time has announced that Bill and Melinda Gates and Bono are its Persons of the Year. In a year in which debt relief and global public health caught the imagination of the world like few other issues, this nomination is no real surprise.
Bono charmed and bullied and morally blackmailed the leaders of the world's richest countries into forgiving $40 billion in debt owed by the poorest; now those countries can spend the money on health and schools rather than interest payments—and have no more excuses for not doing so. The Gateses, having built the world's biggest charity, with a $29 billion endowment, spent the year giving more money away faster than anyone ever has, including nearly half a billion dollars for the Grand Challenges, in which they asked the very best brains in the world how they would solve a huge problem, like inventing a vaccine that needs no needles and no refrigeration, if they had the money to do it.
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For being shrewd about doing good, for rewiring politics and re-engineering justice, for making mercy smarter and hope strategic and then daring the rest of us to follow, Bill and Melinda Gates and Bono are TIME's Persons of the Year.
There are also extensive profiles of the trio. Bono's is called The Constant Charmer while the Gateses are profiled in From Riches to Rags. The special cover story is rounded off with an interview with all three persons of the year.