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Undoing these waste-promoting incentives - the "fee-for-service" payment system that awards more fees to doctors and hospitals for providing more services, and the regulated electricity rates that reward utilities for selling more power and building more plants - would not solve all our health-care and energy problems. But...

Author: /time Magazine | Title: The Key to Fixing Health Care and Energy: Use Less | 6/29/2009 | See Source »

It seems clear that Obama's carefully calibrated remarks about the events in Iran were intended to address the Uncle Napoleon factor, and also to keep the door open for negotiations with the Khamenei-Ahmadinejad regime. It seems equally clear that the criticism from Senator John McCain and other neoconservatives...

Author: /time Magazine | Title: Can the U.S. Deal with a Divided Iran? | 6/25/2009 | See Source »

"G.D.R. fashion was supposed to be of practical value, plain, ornamentless, modern, straight," says Henryk Gericke, one of the curators of the exhibition. "It was supposed to reflect the ideal image of the confident East German working woman." But when members of the Mob were wielding the scissors, they took...

Author: /time Magazine | Title: Fearless Fashion in the Former East Germany | 6/24/2009 | See Source »

He's right. A different editorial method will engage a very different set of literary values. Imagine a world where publishing has two centers rather than one: a conventional literary center, governed by mainstream publishing - with its big names and fancy prizes and high-end art direction - and a new...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

Meanwhile, interceptor missiles in Alaska "are clearly in a position to take action" if Hawaii is threatened, Defense Secretary Robert Gates said on June 18. "We do have some concerns, if they were to launch a missile to the west in the direction of Hawaii," he added. "We are in...

Author: /time Magazine | Title: The North Korean Showdown Ratchets Up | 6/22/2009 | See Source »

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