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...until Wednesday, unicorns have seldom been spotted, theories vary wildly, but one of the most interesting falls squarely on Noah's shoulders. Legend holds that when Noah had to pack up the Ark in the face of the flood, the unicorns were just too slow getting to the boat (either that, or they were so proud that they were taking up more than their fair share of space, and Noah had to kick them off). As the Irish Rovers sing in "The Unicorn": "Close the door because the rain is falling/ And we just can't wait for no unicorns...

Author: /time Magazine | Title: A Brief History of the Unicorn | 6/12/2008 | See Source »

...prevented most nonwhite GIs from taking advantage of this money. In fact, the GI Bill in 1947 "threw open the doors of élite academies" only to the white masses. The same was true in the housing market, where discriminatory practices kept most people of color out of the flood of new housing, particularly in the suburbs. Kathryn Kaatz, Wayzata, Minn...

Author: /time Magazine | Title: Inbox | 6/12/2008 | See Source »

...city would have its own city-size hot spot. It would be too cheap to meter! But the legal, technological, financial and political practicalities of municipal wi-fi have been much harder to work out than anyone expected. Even mighty Google had to back down from its plan to flood all of San Francisco with free wi-fi. Downtown Spokane, Wash., is online, though, so I guess there's still hope...

Author: /time Magazine | Title: Confessions of a Wi-Fi Thief | 6/12/2008 | See Source »

...growing number of microfinance firms go public, qualms about putting the financial interests of shareholders above the needs of clients have mounted. Already the flood of new money has come under criticism from longtime microfinance advocates for focusing too much on the largest firms operating in the most profitable countries. According to CGAP, 75% of cross-border funds go to Latin America and Eastern Europe, the world's most developed microfinance markets--the low-hanging fruit. That could leave out the poorest of the world's poor, who are predominantly in Asia and Africa. Says Alex Counts...

Author: /time Magazine | Title: The Big Trouble In Small Loans | 6/5/2008 | See Source »

...trickle of new drugs became a flood after the invasion of Iraq in 2003. Details of America's medicated wars come from the mental-health surveys the Army has conducted each year since the war began. If the surveys are right, many U.S. soldiers experience a common but haunting mismatch in combat life: while nearly two-thirds of the soldiers surveyed in Iraq in 2006 knew someone who had been killed or wounded, fewer than 15% knew for certain that they had actually killed a member of the enemy in return. That imbalance between seeing the price...

Author: /time Magazine | Title: America's Medicated Army | 6/5/2008 | See Source »

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