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...monetary stimulus, do you mean the Fed needs to print more money? An increase in the money supply has historically always motivated people to spend and end a recession. And I don't know if there's any evidence that fiscal stimulus has the same effect on people's habits. All that Obama's fiscal stimulus bill has achieved is to put an enormous fiscal deficit on the Federal Government. (See pictures of the dangers of printing money...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

...clear whether highly developed language skills actually play a role in fending off Alzheimer's disease or whether the correlation is merely a side effect of other protective processes. Indeed, Iacono's study, which involved 38 nuns, only 14 of whom he had writing samples from, is too small to show a definitive effect. But the way Iacono looks at it, no one knows how much of the risk of dementia is hardwired into our DNA and how much is determined by environmental factors like physical exercise and social activity, so while the jury is still out, brushing...

Author: /time Magazine | Title: Can Language Skills Ward Off Alzheimer's? A Nuns' Study | 7/9/2009 | See Source »

Rapamycin's life-extending effect has been demonstrated by other researchers in past studies of worms, fruit flies and yeast; the drug appears to interfere with a similar cellular process in those species too. "I think this is a big leap from those invertebrate species to mammals," says Strong, who is also a senior research scientist for the Department of Veteran Affairs. "This gives us a good idea that perhaps it would work in humans...

Author: /time Magazine | Title: What Does Life-Extending Drug Mean for Humans? | 7/9/2009 | See Source »

...adults in Utah can now stroll through the doors of any saloon by simply flashing their ID. For a state that forbids happy hour, ordering doubles, putting more than 2.5 oz. of liquor in a libation and mixing cocktails in front of restaurant-goers, the new law, which took effect on July 1, was cause for celebration. One enthusiastic entrepreneur organized a crawl to mark the occasion; participants donned T-shirts emblazoned with the initials D.U.I. (for "Drinking Utah's Independence...

Author: /time Magazine | Title: America's Quirky Alcohol Laws | 7/9/2009 | See Source »

...explicit ban on abortion coverage were imposed, say sources involved in writing the legislation on Capitol Hill, it could have much further-reaching implications than the Hyde Amendment ever did. It could, in fact, have the effect of denying abortion coverage to women who now receive it under their private insurance plans. Nearly 90% of insurers cover abortion procedures, according to a 2002 survey by the Guttmacher Institute, a nonprofit organization whose statistics are relied upon by both sides of the abortion debate...

Author: /time Magazine | Title: The Trouble With Abortion and Healthcare Reform | 7/8/2009 | See Source »

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