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People who fall into homelessness say it feels like a spiral. A layoff, a medical emergency or a domestic quarrel sets off a chain reaction of bad luck. And the risk of falling into the economic abyss has increased, even in better times. Writing before the housing bubble burst and Wall Street collapsed, Yale political scientist Jacob Hacker showed that the big difference between 30 years ago and today is the dramatic growth in income volatility. American family incomes now rise and fall much more sharply from year to year, and this is happening at the same time that public...

Author: /time Magazine | Title: Last Refuge for the Homeless: Living in the Car | 2/12/2010 | See Source »

...Dream contest presented by pitcher Doug Out (Adam M. Lathram ’10) and half-fish starlet Marlin Monroe (Clifford N. Murray ’10). Communist conspirators Sasha Frigidvich (Andrew F. Cone ’11) and Spud Nick (Ryan P. Halprin ’12) later burst onto the scene and try to steal the American Dream in an attempt to win the Cold...

Author: By Sarah E. Rich, CONTRIBUTING WRITER | Title: Pudding Drags Despite Their ‘Dearest’ Efforts | 2/9/2010 | See Source »

...aftermath of the election, Fonseka refused to accept the results, speaking conspiratorially of plots to assassinate him. His opponents in power accused him of planning to topple the government; on Feb. 8, over 100 soldiers burst into a political meeting Fonseka was attending and took him away as prisoner...

Author: /time Magazine | Title: Sarath Fonseka | 2/9/2010 | See Source »

...company turned its first profit in 2004, and went public on the Nasdaq the following year, raising more than $100 million in the process. It was by far the most successful Internet IPO since the dotcom bubble burst in 2000. One of its earliest investors, in fact, was Google - before the company entered the China market in 2006. It paid $5 million for a 2.6% stake in Baidu in 2004. But Google sold its stake in Baidu for about $60 million two years later, and entered the search business in China on its own. It was game...

Author: /time Magazine | Title: Searching Questions: Internet Searches in China | 2/8/2010 | See Source »

...exposure to before being thrust headfirst into it after graduation. Even those who dodge its grasp by retreating into the haven of grad school cannot elude it forever. I discovered this world last year by forcibly inserting myself into it. Yes, I am one of those who voluntarily burst my Harvard bubble and sought what lay beyond: the real world...

Author: By Maya E. Shwayder | Title: A Separate Year | 1/28/2010 | See Source »

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