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...much is actually spent? In the U.S., about $65 billion a year is spent on holiday gifts. There's been this giant [holiday season] bump in retail sales in the U.S. going as far back as statistics are available, back to the 1920s and '30s. In fact, as a share of the size of the economy, the spending has gotten smaller over time. Our fathers' and grandfathers' Christmases were a bigger deal than ours...

Author: /time Magazine | Title: Why We Shouldn't Give Christmas Gifts | 11/12/2009 | See Source »

Still, legal experts say executives and others could end up getting bitten when they hit "Reply." Law professor Richard Painter of the University of Minnesota says e-mail will continue to be admitted as evidence and play an important role, particularly in white-collar prosecutions. "The fact of the matter is that people say things they shouldn't by e-mail," says Painter. "So as long as we continue to use e-mail, you are going to see it in cases...

Author: /time Magazine | Title: The Bear Stearns Verdict: A Blow to E-Mail Prosecutions | 11/12/2009 | See Source »

...working - but it's an all-American operation. There are no Afghans to take over when we leave, which means the effort is a mirage. And the idea that illiterate and tribal Afghans can be trained into soldiers and police officers remains more a hope than a fact. (See pictures of the U.S. Marines' offensive in Afghanistan...

Author: /time Magazine | Title: Why Did the Iraq Surge Work? | 11/11/2009 | See Source »

...been an almost endless summer in Lebanon, with beach weather and relative political harmony continuing well into November. The only thing marring what could have been a perfect year for a country more accustomed to serving as a battleground in regional power struggles was the fact that Lebanon has had no government since parliamentary elections in June. That was until Monday, when the majority U.S.-backed political bloc and its rivals in the Syria- and Iran-backed minority coalition finally agreed on a new power-sharing Cabinet. But while the deal ends the three-year political crisis that brought...

Author: /time Magazine | Title: Beneath Lebanon's New Political Deal, a Fear of Violence | 11/11/2009 | See Source »

Despite the fact the Élysée was not pleased with Lellouche's anti-Conservative Party remarks, Sarkozy did not give his Europe Minister a public tongue-lashing. One reason may be that Lellouche's comments - although bombastic - hardly misinterpreted the ferocious hostility that the Tories have toward Europe, which most of the E.U. views with revulsion and disdain. Still, as French centrist European parliamentarian Mireille de Sarnez points out, insulting the Conservative position is counterproductive. (Read "Q&A with David Cameron: Why Britain Needs a 'Compassionate Conservative...

Author: /time Magazine | Title: France's Anglophile Leader Turns on Britain | 11/11/2009 | See Source »

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