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...paid the same low credit- and debit-card swipe fees as consumers in Australia pay, then the net benefit for American consumers would have totaled $125 billion over the last four years," the report says...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...Economists have long noted imperfections in how GDP - the market value of all goods and services produced in an economy - is calculated. For instance, unpaid work that might benefit society, like raising children, is not included in the calculations. Societal failures, however, often are: the cost of keeping 2 million people in prison boosts the U.S.'s GDP, as does fuel sales, despite the correlation with traffic congestion and pollution. Sustainability is also ignored - a heavily wooded country could see its GDP skyrocket if it turned over all its land to loggers. (See 10 ways your job will change...

Author: /time Magazine | Title: Searching for a Better Wealth Measure Than GDP | 9/16/2009 | See Source »

...Instead, that task has fallen to small, independent think tanks and policy institutes. Their efforts to counter the claims of opponents of the bill have produced eye-opening reports. The most important of these, issued last week by the Institute for Policy Integrity, conducts a cost-benefit analysis of the Waxman-Markey program and finds, counter to objections, that the bill would have a net benefit of as much as $5.2 trillion. The report included a median projection for net benefits of $1.2 trillion and found that even more stringency could actually be more beneficial. Their estimations also ignore...

Author: By A. patrick Behrer | Title: Don't Forget Waxman-Markey | 9/16/2009 | See Source »

...forced to reflect on important moral questions and decide for themselves where exactly they stand. Though surely not the only venue for such important debates, a course as relevant as “Justice” that appeals to so many is an apt choice, and many viewers will benefit from its presence on the airwaves...

Author: By The Crimson Staff | Title: A Just Decision | 9/15/2009 | See Source »

...cards. In fact, it's not even called the food-stamp program any longer; in classic bureaucratese, it's now known as the Supplemental Nutrition Assistance Program, or SNAP. Recipients' incomes and property values must be below a certain level for them to qualify. In June, the average monthly benefit came to $294 per household and $133 per individual. Recently, officials have worked to make the program more convenient, distributing electronic benefit-card readers to farmers' markets so food stamps can be used there and encouraging more stores to accept them as payment (Costco announced this year it will take...

Author: /time Magazine | Title: Food Stamps | 9/14/2009 | See Source »

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