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...contrary, it was once considered logical and efficient to let any competitive advantage inform decision-making in the free market - a position many economic libertarians continue to embrace today. What some consider to be America's first insider-trading scandal took place shortly after the nation's birth; a former Assistant Treasury Secretary named William Duer capitalized on his government connections to make bets on the country's debt. His investments eventually soured, however, and Duer's bankruptcy brought down much of New York's economy in 1792; he died a few years later in debtors' prison. (The charter members...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

...popularity shows, Switzerland has yet to make its peace with immigrants, despite how central to the economy they have been and - with a falling birth rate and aging population - are still. Postwar Switzerland was built by Italian "guest workers," many of whom eventually won the right to settle, and today perhaps a quarter of the nation's workforce are non-Swiss...

Author: /time Magazine | Title: Identity Crisis for the Swiss | 11/9/2009 | See Source »

Meanwhile, although some NBA players say they have started washing their hands more often and sharing fewer towels, "it's hard not to shake someone's hand," says New Jersey Nets guard Rafer Alston. "It's something we're taught at birth. Are guys going to stop what they've been doing for 20 years? Nah. Not everybody does the fist bump...

Author: /time Magazine | Title: Swine Flu's Unsportsmanlike Conduct | 11/9/2009 | See Source »

...unprecedented letter, along with an army operation in a part of the country that has seen little of the central government since Pakistan's birth in 1947, signals an extraordinary about-face for the nation's military establishment. For decades, Pakistan's armed forces have been obsessed with India, its foe in four wars, rather than the enemy within. But is the change of heart enough to stop Pakistan's endless death spiral toward becoming a nuclear-armed failed state? (See pictures of Pakistan's vulnerable North-West Frontier Province...

Author: /time Magazine | Title: Pakistan Doubles Down Against the Taliban | 11/9/2009 | See Source »

...Read "Birth of a Nation...

Author: /time Magazine | Title: McMandela? Protecting the Brand of a Legend | 10/30/2009 | See Source »

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