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...This is because, Prechter argues, standard economic models of financial markets depict prices as reflections - imperfect, perhaps, but still reflections - of true value. He believes instead that "waves of social mood are the driving factor" of both market moves and, to a certain extent, economic reality. He calls this approach socionomics, and he's doing what he can - his Georgia operation now includes a socionomics institute - to push it onto academic curriculums...

Author: /time Magazine | Title: Riding the Waves of Irrational Behavior | 11/30/2009 | See Source »

...Help if You Aren't There Persuading fighters to think of laying down their arms might be the easiest part of a new approach. They also need to believe they will be safe if they do so. Many Taliban foot soldiers joined the movement simply because they ended up on the wrong side of a local power equation. As with Jameel in Wardak province, affiliation with the Taliban offered them protection. So if they are going to disarm, they need to be confident that the side they are joining will stay and win - otherwise, desertion could be a death sentence...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

...Original of Laura is a fragment, or a collection of fragments--"the novel was probably half or one-third 'written' in the strictly technical sense," Dmitri says. It is not a series of consecutive chapters. Nabokov liked to attack his subjects on multiple fronts, from all directions, an approach facilitated by his use of index cards. The book begins at a party attended by a woman named Flora. Her husband is not present, and she slips away to an absentminded tryst with a lover, which Nabokov renders delicately but unsentimentally: "That first surrender of hers was a little sudden...

Author: /time Magazine | Title: Piecing Together Nabokov's Last Novel | 11/30/2009 | See Source »

...there's a big difference between handing out gift cards and jacking up people's co-pays. The Tar Heel State in particular has been criticized for using a big-stick approach. Starting in July, state workers who smoke will be moved from the plan that covers 80% of health care costs to one that pays 70%, an out-of-pocket difference of approximately $480 a year, unless they agree to enroll in a smoking-cessation program...

Author: /time Magazine | Title: Fat Fees and Smoker Surcharges: Tough-Love Health Incentives | 11/30/2009 | See Source »

...Until now, the Administration has made its case for a troop increase by focusing on narrow national-security aims: deterring another terrorist attack against the U.S., denying al-Qaeda a safe haven and preventing further destabilization in Pakistan. That approach reflects the realist bent of much of the Obama team, which believes that foreign policy should be guided more by interests than by ideals. There are two problems, however, with trying to sell a troop surge solely on national-security grounds. The first is that it is almost impossible to prove that sending more troops to Afghanistan will make Americans...

Author: /time Magazine | Title: Obama at West Point: Can He Make the Moral Case? | 11/30/2009 | See Source »

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