Word: globalitis
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Integrity might sound like a personal virtue, but a new book says it's actually a precious economic asset. In The Economics of Integrity, journalist Anna Bernasek writes that almost every aspect of the modern global economy - from getting cash at an ATM to trading gold in international markets - is possible only because of deep-seated trust. She talked to TIME about the financial crisis, what's wrong with the dictionary definition of integrity, and how trust creates wealth. (See pictures of the global financial crisis...
...strong. The rest of March, however, will be crucial as this is the peak season for fantasy-baseball drafts. If baseball is a home run, expect similar products for football, which has an even more rabid following among fantasy players, and soccer, which would give Bloomberg Sports a more global reach - and make workplaces even less productive...
...position himself to be a leader higher up, and the only way he can do that is to bring America into the whole one-world-order concept." Obama, she adds, belongs to a plutocratic cabal that manufactures crises for personal profit, foisting scams like health care reform and global warming on U.S. taxpayers to depress the economy. "Look at who his czars are," she says. "He's tied very closely to George Soros, European socialist organizations, Howard Dean. These people all play into this one-world order, one-world money system. And it's to make money for them...
...thanks to trade, we are still responsible for the majority of new carbon emissions. As Davis and Caldeira write, "Consumption-based accounting of emissions provides grounding for ethical arguments that the most developed countries - as the primary beneficiaries of emissions and with greater ability to pay - should lead the global mitigation effort." That's hard to argue with...
...pictures of the effects of global warming...