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...sort of person who can create by remaking ... I want to put a spotlight on the stuff no one wants to kill - the most interesting, the very best of what these new technologies make possible. If the war simply ended tomorrow, what forms of creativity could we expect? What good could we realize, and encourage, and learn from?" That doesn't mean, however, that the original composer should not be protected: "Neither RW (Read/Write) nor RO (Read Only) culture can truly flourish without copyright." But he also recognizes that not all cultural goods are created equal. Just as apples shouldn...

Author: /time Magazine | Title: Lawrence Lessig: Decriminalizing the Remix | 10/17/2008 | See Source »

...yoyo-ing it produced this week, it might be wise to prepare for markets altering their view of the economic glass as half full or empty almost daily. When investors eventually return to reasoned trading, some observers think, the wider picture won't be as dark as many people expect. Touati notes, for example, the rescue plans, rate cuts, drop in oil prices, and fall of the euro are all positive developments for businesses. The downward pressure on stock prices across the board, meanwhile, suggests speculative markets are already factoring in anticipated declines in company results as the economy slow...

Author: /time Magazine | Title: Global Markets: Is Volatile the New Normal? | 10/17/2008 | See Source »

Could you give the average American an idea of what to expect going forward? More banks will fail, but if people are insured they just don't have anything to worry about. It's still a low probability that their bank is going to fail, and even if their bank does fail their insured deposits are absolutely protected. We really need credit to keep our economy going and deposits are an important part of keeping credit going. We are asking Main Street to keep faith in the banking system and keep their deposits in banks...

Author: /time Magazine | Title: Q&A: The FDIC's Boss on Banks, Loans and Credit | 10/17/2008 | See Source »

...China” price for the sake of a moral gimmick. Now that prices are rising across the board, particularly for necessities like gas and food, people are far more likely to drop morals in favor of cheaper, foreign-produced products.It’s fairly reasonable to expect that American Apparel’s retail business will be affected, as will its wholesale operation: small t-shirt design companies like Boston’s Johnny Cupcakes and merchandisers for music groups will likely be forced to shift priorities in an effort to cut costs. Hipsters and middle-aged, middle...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: "American In Peril" Outfitters | 10/17/2008 | See Source »

...case of Nicaragua has become super emblematic in Latin America because there was a revolution here and it was supposed to bring social change," she said. "If this was Pinochet's Chile, no one would expect differently, but with Ortega, it's doubly hard...

Author: /time Magazine | Title: President Ortega vs. the Feminists | 10/16/2008 | See Source »

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