Word: foundings
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...people who do see a meaningful benefit are, by and large, already rich. Economists James Poterba and Todd Sinai found that the tax savings from the mortgage-interest deduction for households earning more than $250,000 is 10 times the tax savings for households earning $40,000 to $75,000. According to Congress's Joint Committee on Taxation, a little more than half of the savings is seen by just 12% of taxpayers - those with incomes over...
...Among the researchers was Ambros Uchtenhagen, a professor of psychiatry at the University of Zurich, who set up clinics in Switzerland where drug users injected heroin under doctor supervision and received counseling. "We found highly persistent improvement [among the patients]," says Uchtenhagen. Today, there are 23 clinics across the country that treat roughly 2,200 drug users, or about 6% of the nation's heroin addicts. The average stay is three years - a quick stint for users who average 15 years of heroin use. Less than 15% relapse into daily use. "In the beginning, without their daily chase...
...Have you ever found an incident of corruption involving a Grameen Bank loan? Rudi Toruan, Samarinda, Indonesia We have cases of corruption, but Grameen Bank now has 28,000 staff, 8 million borrowers and 2,600 branches. We lend out over $100 million each month and have a similar amount coming back each month, handling this physically in the villages. It's very easy to put money in your pocket. But the amazing thing is that cases of corruption are so rare...
Sounds reasonable. But the whole double-metal-bar-thing seems more intimidating than it should be. Look at what FlyBy found today...
...discovery is remarkable for several reasons. Since the Apollo program four decades ago, scientists have believed the surface of the moon to be dry. Moisture found in rocks brought back by those early missions were thought to be the result of contamination from the earth's atmosphere. The new research, which used the intensity of the colors that bounce off the surface of the moon when it's hit by sunlight, proves that there are traces of both water and a closely related molecule called hydroxyl. Scientists now believe water could be produced in the lunar soil when hydrogen from...