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...language of George Akerlof, the Nobel Prize-winning economist who described the used-car market as having buyers and sellers with different amounts of information about the transaction to be made, the recruiting market is ridden with “adverse selection.” In the Harvard case, it is not hidden car qualities, but rather uncertain applicant motivations that force employers to bear all the risk of hiring a “lemon.” As a result, it is both the students and employers who face second-best outcomes in summer and job offers...

Author: By Ashin D. Shah | Title: A Second Shot at Summer | 4/8/2010 | See Source »

...Baltasar Garzón, best known for ordering former Chilean dictator Augusto Pinochet's arrest and extradition for crimes against humanity, was indicted Wednesday by his own country's Supreme Court. Charged with knowingly overreaching his jurisdiction when he opened an investigation into another dictator's crimes - in this case, Spain's Francisco Franco - Garzón has been suspended from his job while he awaits the start of his criminal trial...

Author: /time Magazine | Title: Crusading Judge Faces His Own Trial in Spain | 4/7/2010 | See Source »

...question of whether Garzón willfully ignored the amnesty law when he declared jurisdiction in the case is open to debate. "Numerous sources of international law suggest that amnesties for crimes against humanity are inconsistent with a State's obligations to protect human rights, including the right of access to justice," Carolyn Lamm, president of the American Bar Association, wrote in a public letter to Spain's Attorney General, an opponent of the prosecution. "It is difficult in light of these principles to view [Garzón's] ruling as legally indefensible, or as warranting criminal prosecution." Garz...

Author: /time Magazine | Title: Crusading Judge Faces His Own Trial in Spain | 4/7/2010 | See Source »

Passion and a crazed commitment to maintaining power are two essential elements that any aspiring fascist ruler should possess. In the case of Benito Mussolini, these were elements that he embraced not only in his political career, but also in his private life. “Vincere” explores the secret life of Benito Mussolini’s lover—and self-proclaimed spouse—Ida Dalser and the emotional and psychological torture she endures as a result of being swept under the rug. In this chilling account, Ida’s resolve and sanity are tested...

Author: By Francis E. Cambronero, CONTRIBUTING WRITER | Title: Vincere | 4/6/2010 | See Source »

...course, a deal could happen before August if everyone really wanted one. But that is not the case. See YouTube's 50 Best Videos...

Author: /time Magazine | Title: Financial Reform: Far from a Done Deal in Congress | 4/6/2010 | See Source »

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