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Basically, fashion designers spend large sums of money - the average runway show costs around $40,000 - to show off clothing they don't expect anyone to buy. But runway shows aren't intended to sell individual items; they're about publicity, prestige and the overall feel of a designer's collection. Every seasonal collection has a theme - nautical, rustic, Victorian, gingham, clowns - that is later translated into more wearable items sold in boutiques and department stores. The colors, fabrics and overall aesthetic will remain true to the collection, but most of the more bizarre features - like the time Isaac Mizrahi...

Author: /time Magazine | Title: Runway Fashion: Does Anybody Really Wear That? | 9/16/2009 | See Source »

...things to buy during the recession...

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

...during the 1950s. The subsequently threatened to have him ad-boarded and expelled. The writer retreated to the castle where he sat holed up with textbooks studying for days (unclear why the need for textbooks). After spending several days in isolation, the writer went to a pet-store to buy 15 rabid dogs. He then went to Lamont Library where he proceeded to paint the book-cases with meat sauce. While the writer chatted up the guard, a friend of his entered the library with the dogs and released them. The dogs proceeded to eat all the books...

Author: By Elias J. Groll | Title: FlyBy Goes Inside Lampoon Comp | 9/16/2009 | See Source »

...things to buy during the recession...

Author: /time Magazine | Title: Why We Hate Us | 9/16/2009 | See Source »

...What kind of subsidies would the government offer to low-income Americans and small businesses to help them buy insurance? Starting in 2013, the Federal Government would offer a refundable tax credit to low- and middle-income individuals and families who purchase certain policies through the state exchanges. The credit would be available to individuals and families who earn up to 300% of the federal poverty level, which for a family of four would be about $66,000 in 2009. It would be provided on a sliding scale, with the level of credit "based on the percentage of income...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

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