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That's not because hunter-gatherers don't pass on wealth to their children. They do. Parents who know where to dig for the most nutritious tubers or how best to hunt elk will pass along that knowledge-based wealth to their kids. The difference is, that advantage is harder to monopolize than, say, a tract of land that comes with a deed. (See the best social-networking applications...

Author: /time Magazine | Title: Information Economy May Shrink the Rich-Poor Gap | 10/29/2009 | See Source »

...When you pass along that wealth, you reveal it, and you can't exclude others from using it," says Samuel Bowles, an economist at the Sante Fe Institute, who led the study with anthropologist Monique Borgerhoff Mulder of the University of California, Davis, and economist Tom Hertz of the International University College of Turin and U.S. Department of Agriculture. "An economy based on brains and connections has more opportunities for equality that one based on grain and steel...

Author: /time Magazine | Title: Information Economy May Shrink the Rich-Poor Gap | 10/29/2009 | See Source »

...fondly. Cheney's mythology has prevailed. The rosy fantasy of Reagan's tax-cutting has been coupled with the dread toll of Democrats - from Walter Mondale to John Kerry - who got clobbered for hinting that they might want to, uh, raise revenues. An antitax fetishism has overwhelmed both parties. Along the way, despite the melodramatic rhetoric, the actual rate of federal taxation has wobbled a bit, from a high of 20.9% of GDP in 2000 to a recession-driven low of 17.7% last year, but averages out to just under 19% from 1980 to today. If the not-so-onerous...

Author: /time Magazine | Title: Health Care: Do the Right Thing on Taxes | 10/29/2009 | See Source »

...where 60% of people say they've suffered health problems because of air pollution. But anyone living near a shipping lane is at risk. An estimated 60,000 people die annually from global shipping emissions, according James Corbett, a professor of marine policy at the University of Delaware, who along with five others calculated the concentration of pollutants due to ships and then estimated the number of extra deaths caused by the additional exposure. If nothing is done to reduce emissions, that number could rise to 87,000 as soon as 2012, according to a 2009 report co-written...

Author: /time Magazine | Title: Cleaning Up Polluted Harbors with Greener Ships | 10/28/2009 | See Source »

Iannacone said he found out that sodium azide was the toxin along with three other victims last Thursday in a meeting with HMS officials. The other two victims were out of the country, he said...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Poision Victim Alleges Foul Play | 10/28/2009 | See Source »

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