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...misunderstood. (Stop snickering! It's true.) Even though "Wall Street" means the nation's big financial and investing operations, not a geographical location, a disproportionate number of Street people live in Manhattan. Things in the desirable parts of that borough are expensive beyond belief, especially if you have children and feel the need to send them to $40,000-a-year private schools. But these people choose to live in Manhattan...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

...finding is that societies of hunter-gatherers tend to be more economically egalitarian than those of farmers and herders because of how parents do - or don't - transfer wealth to their children. Among hunter-gatherers, a child born into the top 10% of richest families is three times more likely to wind up rich than a child born into the poorest 10% of families. Among farmers, that rich-born child is 11 times more likely to be rich, and among herders, 20 times more likely...

Author: /time Magazine | Title: Information Economy May Shrink the Rich-Poor Gap | 10/29/2009 | See Source »

That's not because hunter-gatherers don't pass on wealth to their children. They do. Parents who know where to dig for the most nutritious tubers or how best to hunt elk will pass along that knowledge-based wealth to their kids. The difference is, that advantage is harder to monopolize than, say, a tract of land that comes with a deed. (See the best social-networking applications...

Author: /time Magazine | Title: Information Economy May Shrink the Rich-Poor Gap | 10/29/2009 | See Source »

Carciero had no prior record of violence, though he had struggled with unemployment and mental health issues, according to Perullo. Carciero is survived by his wife and four children...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: Patient Stabs HMS Doctor | 10/29/2009 | See Source »

...Surinder Kaur, it no longer matters. The safe haven provided by the government made her community unsafe a long time ago. "We haven't allowed our children to mix with anyone in this neighborhood," she says of the widows' colony. "One day, they'll get out of here, and there will be a new beginning...

Author: /time Magazine | Title: India's 1984 Anti-Sikh Riots: Waiting for Justice | 10/28/2009 | See Source »

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