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...maybe the argument is flawed. New research by David Barker of the University of Iowa and Eric Miller of the Congressional Budget Office indicates that homeownership actually has little to no effect on how kids do in school. Their paper, "Homeownership and Child Welfare," which appears in the summer issue of Real Estate Economics, is drumming up interest in housing-policy circles for calling into question one of the basic rationales for encouraging people to own homes. It's yet another idea - like house prices always go up, and down payments aren't that important - being re-evaluated...

Author: /time Magazine | Title: Is Homeownership Good for the Kids? Not Necessarily | 9/2/2009 | See Source »

...back on exports if the government uses deregulation to stimulate domestic consumption, says Naohiro Yashiro, an economics professor at Tokyo's International Christian University. The DPJ plans to do that by increasing household income through monthly child allowances and the elimination of highway tolls, which should have the same effect as tax cuts. It also aims to develop new environmental technologies and create jobs in nursing, health care and agriculture. Toshihiro Ihori, an economics professor at Tokyo University, says that in addition to regulatory reform, offering favorable treatment to skilled foreign labor and foreign corporations would generate more investment...

Author: /time Magazine | Title: Japan's Government: Five Ways to Fix the Economy | 9/1/2009 | See Source »

...quirky bad habits had been eliminated too. Blankfein has since become a snappier dresser, has lost weight and has given up smoking and gambling. He shaved his once unsightly beard. "I wasn't going to make myself taller," he once quipped when asked about his transformation. He in effect reduced the risks in his personal life as he ratcheted up the risks - prudent, to be sure - that Goldman was taking under his leadership. (See George W. Bush's biggest economic mistakes...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...schedule, which went into effect this past Sunday, does not offer its first weekend shuttle from the Quad until 12:20 p.m., a marked change from last year, when shuttles were available roughly every half hour starting...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Shuttle Cuts Not As Harsh As Proposed | 8/31/2009 | See Source »

...findings may push the U.S. to more seriously consider implementing sanctions against the selling of gasoline to Iran by foreign companies, as proposed by Senators Jon Kyl and Joe Lieberman. But would that threat force Tehran to sit down at the negotiating table? (Read an analysis of the possible effect of sanctions on Iran...

Author: /time Magazine | Title: Pressuring Iran on Nukes: Would a Gas Embargo Help? | 8/31/2009 | See Source »

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