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...wrong," Summers says. "I thought if you could have areas where there was long-term substantial unemployment, then that raised some questions about the functioning of markets." In essence, Summers saw in unemployment a chance to explore how markets don't work - and to think about policies that could correct for the failures. Perfect training...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...exasperated Sauer declared in the complaint that he repeatedly tried to draw the line. "There needs to be a clear understanding, acknowledgment, and willingness to correct the financial deficiencies built into this thing by the business development people," he wrote in one e-mail to top executives, according to the court document. "You are going to have to go into the margin - either commit to spending the money, or pull the plug on this now before ArmorGroup looks more stupid than a box of rocks." (See pictures of British soldiers in Afghanistan...

Author: /time Magazine | Title: Afghan Embassy Scandal's Link to Cost-Cutting Security | 9/11/2009 | See Source »

...West provides the money and technology (this is the common position of developing countries - Brazil, India and China have all submitted proposals demanding that funds and technology flow from rich to poor countries to enable the latter to undertake mitigation and adaptation efforts). Regardless of who will appear the correct party in 20 years, any solution will have to be not only fair - and seen to be fair - but also acceptable to all parties. Intransigence will only hurt the fragile process that scientists, industry and government will engage in this winter, and negotiators will do well to remember that this...

Author: /time Magazine | Title: Behind India's Intransigence on Climate-Change Talks | 9/10/2009 | See Source »

...although a scientist is supposed to be subjective and lack empathy, I've always thought this is wrong. It's the empathy you feel with a living, individual being that really helps you understand. Then you can use your scientific training to find out if your intuition is correct...

Author: /time Magazine | Title: 10 Questions for Jane Goodall | 9/10/2009 | See Source »

...everything from the quality of the education, to lack of student services, to dingy student accommodation, to not being paid the correct hourly rate," Unni says. Pawan Luthra, chief executive of the local Indian community newspaper, Indian Link, agrees. "If even 0.1% of the $15 billion or so earned by Australia from the sector had been invested in safeguards and [better conditions], this situation would not have occurred ... Coal and iron are commodities, but these are human beings, with feelings and emotions. They need to be protected...

Author: /time Magazine | Title: Australia: Attacks on Indian Students Raise Racism Cries | 9/10/2009 | See Source »

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