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Other economists note, however, that because a majority of minimum-wage earners work in outsourcing-resistant service jobs, businesses will have a hard time handing out pink slips en masse. Researchers at the University of California at Berkeley found that after an 80-cent New Jersey minimum wage hike in 1992, employment in the state's fast-food restaurants rose slightly faster than in Pennsylvania, where the minimum wage did not change. (The law's effects showed up, instead, in prices: the tab at New Jersey fast-food restaurants grew about 4% faster than at greasy spoons in Pennsylvania.) Instead...

Author: /time Magazine | Title: The Minimum Wage | 7/24/2009 | See Source »

...renewed shakedown has led many Iranians to be subversive in more discreet ways. Instead of joining street protests, they try to short the electrical grids by turning on all household appliances en masse; they boycott products advertised on state TV; and they increasingly turn to Twitter, blogs, Facebook, e-mail-distribution lists and underground newspapers to bring attention to the regime's brutal tactics. (Read "Which State Security Branch Rules Tehran's Streets...

Author: /time Magazine | Title: On Tehran's Streets, the Basij's Fearsome Reign | 7/23/2009 | See Source »

...abundant coral reefs that surround Bermuda, along with the dozens of historic shipwrecks that are now inhabited by a wide variety of marine life. Some wreck sites are shallow enough for snorkelers to view, including the Constellation, which sank in 1943 about eight miles off the coast of Bermuda en route to Venezuela with a hull full of medicines and whiskey. The ship, which now lies 30 feet underwater, was the inspiration for Peter Benchley's book The Deep and the subsequent film...

Author: /time Magazine | Title: Why Bermuda? It's Close, Warm and Suddenly Cheap | 7/15/2009 | See Source »

...ending is as predictable as a Passion play's. The vitality has to come from whatever fresh insights Mann can find in Dillinger's Stations of the Cross. And these are lacking. Few sparks are struck in the love story; Cotillard, last year's Oscar winner for La Vie en Rose, makes a tepid bedmate for the always sexy Depp. Mostly the film displays gangsters doing their thing and brutal law-enforcement officers doing theirs. As played by Bale, the heroic Purvis is so steely and tightly wound, he's less a human being than a weapon - his eyes...

Author: /time Magazine | Title: Kill Dill: Depp's Dillinger Disappoints | 7/6/2009 | See Source »

...only be a small percentage of people who actually make the effort to go and annul their ballots, he predicts that the overall abstention rate will be a shocking 70%. "Politicians will not be able to ignore a level of turnout that low," he says. Lund says the voto en blanco supporters could then go on to form a new political opposition along with disaffected members of the main parties. "This movement is a response to a lack of serious options," he says. "But in a country like Mexico, with all its problems, you cannot go on [like this]. People...

Author: /time Magazine | Title: Mexico's Election Rebellion: Just Vote No | 6/18/2009 | See Source »

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