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...Many of the ideas Summers developed were codified in a 1986 article titled "Hysteresis and the European Unemployment Problem." Even today it's a piece he's proud of: "Ah, yeah, the hysteresis article," he interjects when it's mentioned. Hysteresis is a word that you (and the rest of us) should hope we don't hear too much of in the coming months. It comes from the Greek husteros, which means late. It refers to what happens when something snaps in such a way that it can never be put back together. Bend a plastic ruler too far, drop...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...Ah. I belatedly noted the masochistic schoolgirl posters on the wall, and made my way across the road to a gay sex shop, where I struck up a conversation with the manager...

Author: By Olivia M. Goldhill | Title: Press Pass | 8/11/2009 | See Source »

...Ah, but you love Netflix, the online rental service that delivers movies and TV shows to your mailbox. Since its start in 1999, the company has sent more than 2 billion discs to its 10.6 million subscribers, who return them in the familiar red envelopes for more titles. (Think of Amazon.com but as a DVD-lending library instead of a bookstore.) Wall Street generally likes Netflix, whose Nasdaq stock price has more than doubled since last fall, and so does the public; the company has the No. 1 customer-satisfaction rating among online retailers. (Richard Corliss on how to improve...

Author: /time Magazine | Title: Why Netflix Stinks: A Critic's Complaint | 8/10/2009 | See Source »

...Church, who is 41 and has lived in Baton Rouge for nearly three years, has a theory. "I see this anecdotally amongst, like, my wife's friends," he says. "They're like, 'Ah, I'm running an hour a day, and I'm not losing any weight.'" He asks them, "What are you doing after you run?" It turns out one group of friends was stopping at Starbucks for muffins afterward. Says Church: "I don't think most people would appreciate that, wow, you only burned 200 or 300 calories, which you're going to neutralize with just half that...

Author: /time Magazine | Title: Why Exercise Won't Make You Thin | 8/9/2009 | See Source »

...Buena chica, no?” nodding his head furiously. He tells me I should take her home with me and that she’s a very beautiful girl (and she was). Talk about awkward. So I throw out my now-usual excuse: “Ah, amigo, lo siento, pero ya tengo una novia,” (I’m sorry but I have a girlfriend.) It works this time; he asks me if my girlfriend is black or white and I say white, an American girl. To which he responds, “Ah, eres Americano...

Author: By James A. Mcfadden | Title: Africa is for Lovers | 8/4/2009 | See Source »

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