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...always thus. "One reads with dismay of Presidents Hoover and then Roosevelt designing policies to combat the Great Depression of the 1930s on the basis of such sketchy data as stock price indices, freight car loadings, and incomplete indices of industrial production," writes the University of North Carolina's Richard Froyen in his macroeconomics textbook...

Author: /time Magazine | Title: When Economic Indicators Aren't Worth That Much | 2/1/2010 | See Source »

...active member when he died on Jan. 11 at 81. His most memorable photo story was on actor James Dean, with whom he traveled across the country--at one point, Dean decided to pose in an open coffin at a funeral parlor--just months before Dean died in a car accident. Stock's greatest work was his 1960 book Jazz Street. When Dennis died, I found a long-forgotten dedication in my copy: "For John: There is so much in the future to be explored by us. So much to be contributed to our tired field." Amen, Dennis...

Author: /time Magazine | Title: Dennis Stock | 2/1/2010 | See Source »

...character just there to be mocked). John's only chance at making more money is to accept a challenge from his boss, played by Peter Dinklage, who is clever and sharp as usual, to go out on the road on a fraud investigating involving an allegedly totaled vintage car. The car belongs to a stripper named Tasty D Lite (Entourage's Emmanuelle Chriqui) who is seeking to recoup wages lost from her inability to work. John is teamed with a veteran investigator named Virgil (Romany Malco, who played Conrad in the early seasons of Weeds...

Author: /time Magazine | Title: Saint John of Las Vegas: Steve Buscemi in the Inferno | 1/30/2010 | See Source »

...closest Rhodes ever comes to capturing the Inferno's dark joys is a scene involving a flame-throwing circus performer with a malfunctioning suit. It's unclear how the flame thrower, who has some information on the stripper's car, relates to Dante's heretics in their flaming tombs, but he's got a broken zipper on his protective suit and a jammed fuel line that causes him to go up in flames every minute or so. And he's desperate for a cigarette. As a sight gag, it works, and the flaming man's relative optimism that such...

Author: /time Magazine | Title: Saint John of Las Vegas: Steve Buscemi in the Inferno | 1/30/2010 | See Source »

Just how many companies would get the tax credit undeservedly is up for debate. If the Cash for Clunkers program or the homebuyers' tax credit is any guide, the number would be relatively high. Car-research firm Edmunds estimates that just 18% of the nearly 700,000 automobiles that were bought through the Cash for Clunkers program were a result of the stimulus. The rest, 82%, went to people who would have gotten new wheels anyway. The $8,000 homebuyer tax credit did a little better. In that instance, economists estimate that 33% of the 1.4 million people who collected...

Author: /time Magazine | Title: Obama's Job-Creation Tax Credit: Will It Work? | 1/29/2010 | See Source »

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