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...Running an organization as influential as Wikipedia isn't inexpensive. The company's costs reach nearly $6 million per year, and though it recorded more than 100 billion page views last year, the site has no advertisements. With that level of traffic, even a single text advertisement per page would net Wikipedia millions of dollars, but Wales is insistent that the service, which is supported by private donations, remains ad-free...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

...have the disadvantage of sounding convoluted, they have the real advantage of being cheap - at least in relative terms. According to the new paper by Lane and J. Eric Bickel of the University of Texas, the seawater-mist method could counteract a century's worth of warming for $9 billion. Compare that to the political complexity and the economic unknowns associated with a meaningful and enforceable global climate accord. "The benefits are so great, at a low cost, that at the very least it makes sense to invest in a real research program for this," says Lane. (See pictures...

Author: /time Magazine | Title: Can Geoengineering Help Slow Global Warming? | 8/18/2009 | See Source »

...billion stimulus bill helping unemployment? It was never designed to be a jobs program. Instead it is an ambitious policy prescription to restart - and redirect - the economy in new directions over the next three years. Stimulus spending is not a fast-infusion jobs program, nor is it always targeted toward the hardest-hit states. For example, stimulus road-building largely bypasses large metropolitan regions where antiquated infrastructure snarls traffic to focus on rural areas and smaller states...

Author: /time Magazine | Title: The U.S. Economy: Time for a Real Jobs Stimulus? | 8/18/2009 | See Source »

...largest New Deal program, employing 8.5 million people and spending $11 billion on public projects nationwide - was a real jobs program. More than 80% of its budget was dedicated to labor. In a speech at LSU in 1936, the WPA's legendary head, Harry Hopkins, gave a cogent synopsis of his agency's deep effect on the nation. "You can start out from Baton Rouge in any direction and pass through town after town which has water facilities or sewer facilities or roads or streets or sidewalks or better public buildings, which it would not have...

Author: /time Magazine | Title: The U.S. Economy: Time for a Real Jobs Stimulus? | 8/18/2009 | See Source »

Shierholz says policymakers should begin thinking about a second stimulus package focused on a jobs program. "If we passed a $200 billion jobs bill, that could create roughly 4 million jobs paying between $40,000 and $50,000," she says. "Four million temporary public sector jobs, for a year or two in duration, would bridge the employment gap while the economy recovers." Voting against the $787 billion measure, GOP Senator Lindsey Graham of South Carolina said, "There are so many things in the package completely unrelated to creating a job in the next 18 months." Only 11% of stimulus money...

Author: /time Magazine | Title: The U.S. Economy: Time for a Real Jobs Stimulus? | 8/18/2009 | See Source »

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