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...remedy formulated by Keynes during the dark years of the early 1930s: stimulating demand by spending much more than they take in, preferably but not necessarily on useful public works like highways and schools. "I guess everyone is a Keynesian in a foxhole," jokes Robert Lucas, a University of Chicago economist who won a Nobel Prize in 1995 for theories that criticized Keynes...

Author: /time Magazine | Title: The Comeback Keynes | 10/23/2008 | See Source »

...that the first-term Senator would throw his hat in the ring. In October of that year, we put Joe's story about Obama on the cover and called it "Why Barack Obama Could Be the Next President." This was long before many people even gave the first-term Chicago Senator a chance to win the Democratic nomination. Joe has been tracking every step of Obama's journey and marking the Senator's evolution along the way. The story is both critical and insightful in explaining how Obama makes decisions and how he has changed as a candidate...

Author: /time Magazine | Title: Closing In on Election Day | 10/23/2008 | See Source »

...There was no fraud involved. This person is a dead fish.' BETH NUDELMAN, a Chicago resident, after her deceased goldfish Princess received voter-registration forms in the mail; the family once jokingly filled in the pet's name when it got a second phone line...

Author: /time Magazine | Title: Verbatim | 10/23/2008 | See Source »

...Recessions tend to raise divorce rates," says Nobel laureate and University of Chicago Graduate School of Business economist Gary Becker. "But you won't see a pandemic." Census Bureau figures show that over the past 2 1/2 decades, recessions have had only minor effects on divorce rates, which have been slowly waning since the early '80s after 20 years of steadily rising. Those trajectories have been influenced more by the rise of the women's movement and women's earning power, lower fertility and changes in divorce laws than by dour Dows. The only recorded spike in divorces...

Author: /time Magazine | Title: Will the Market Kill Your Marriage? | 10/23/2008 | See Source »

...this in perspective, a University of Chicago study concluded that an individual American can do more to reduce global warming by going vegetarian than by driving a Prius...

Author: By Lewis E. Bollard | Title: Al Gore’s Inconvenient Diet | 10/23/2008 | See Source »

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