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...competitive advantage has been its armies of cheap workers, but that edge is getting dull. Labor costs have increased 50% in the past four years across southeastern provinces - an area of China sometimes called the "workshop of the world" - and a new labor law passed by Beijing will only add to the burden. Jonathan Anderson, an economist at UBS in Hong Kong, says that factory owners in southern China believe the new law will drive labor costs another 10-25% higher. Among other provisions, the new law entitles laid-off workers to one month of severance pay for every year...

Author: /time Magazine | Title: China's At-Risk Factories | 3/20/2008 | See Source »

...society. Incarcerating drug users only intensifies the problems of drug use. Addicts who have served time in prison not only still face the nightmare of trying to quit but also have a criminal record that multiplies their difficulties if they try to become productive members of society. We add the terrible handicap of a prison record to those who often begin with the disadvantage of lack of education and come from an environment of poverty. If this country would decriminalize drugs and regulate and tax their sale, not only would we eliminate the drug lords' great wealth and the violence...

Author: /time Magazine | Title: Inbox | 3/20/2008 | See Source »

...convert them to 30-year fixed ones 'Eliminate the AMT, which the middle class was never intended to pay.' McCain wants to end the alternative minimum tax, which hit approximately 4 million taxpayers in 2006, up from 414,000 in 1995 NAFTA Should the trade pact be modified to add environmental and labor protections? Yes She says these protections should be enforced just like those dealing with commerce Yes A leaked memo implied his stance was "political maneuvering"; Obama denies the claim No Says open markets create economic opportunity UNEMPLOYMENT INSURANCE Payrolls shrank by 63,000 in February. Should...

Author: /time Magazine | Title: A Voter's Guide to the Economy | 3/20/2008 | See Source »

Human beings have a habit of making traffic wherever they go. Give us a new means of transportation, and pretty soon highways, sea-lanes and airline routes are filled with vehicles. Now add to that deep space...

Author: /time Magazine | Title: Cosmic Flock | 3/20/2008 | See Source »

...reading anonymous reports from students. Much like the present Q system, students could submit their feedback online, and the Q Guide could even be expanded to show which professors respond well to student feedback. While we certainly understand the criticisms of those who fear that this change would simply add to the already cumbersome bureaucracy at University Hall, we firmly assert that this new program would have a beneficial impact on the College as a whole. Enforcing midterm evaluations and grading would ultimately help, not hinder, Harvard’s oft-bemoaned pedagogy...

Author: By The Crimson Staff | Title: We’re Halfway There | 3/19/2008 | See Source »

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