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But regardless of the intentions of politicians, subsidies and price controls tend to produce unintended consequences. They distort normal consumption patterns and subvert the law of supply and demand. When oil supplies are low and crude prices rise, consumption falls, bringing prices back down as demand and supply balance out...

Author: /time Magazine | Title: Asia Hits an Oil Slick | 6/12/2008 | See Source »

While most Americans hail these summits and now decry the invasion of Iraq (a case study in what happens when the militant conservatives get their way), the anti-engagers proceed as though history has not happened. Their selective memory of Reagan's foreign policy is telling. They correctly recall Reagan...

Author: /time Magazine | Title: Engage your Enemies | 6/12/2008 | See Source »

Lawyers for the accused also suspect a political motivation in the timing of the case, since both presidential candidates, John McCain and Barack Obama, have said they would like to close down Guantanamo. Given that possibility, and an expected Supreme Court ruling later this month on the rights of prisoners...

Author: /time Magazine | Title: Gitmo Trials: The Political Agenda | 6/8/2008 | See Source »

'He's a real slimy guy.' BILL CLINTON, about journalist Todd Purdum, calling him "sleazy," "dishonest" and a "scumbag" after Purdum's Vanity Fair article criticized the former President for bringing negative attention to his wife's campaign. Clinton later apologized for his words

Author: /time Magazine | Title: Verbatim | 6/5/2008 | See Source »

Some have interpreted my apparent lack of fear and my recent success in publishing these ideas in The Crimson as proof that there is neither censorship nor fear of criticizing Israel on campus and in the US generally. They should know, first, that both The New York Times and the...

Author: By J. lorand Matory | Title: What Do Critics of Israel Have to Fear? | 6/5/2008 | See Source »

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