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...does the U.S. fare in HPI terms? Not so good. It sits pretty far down the list at 114. The U.K. is 74, behind Germany, Italy and France. Topping the chart is Costa Rica, which has long life expectancy, high life satisfaction, and a per capita ecological footprint one-fourth the size...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

Since last summer the nation's Gross Domestic Product (GDP) has gone up - indeed, it grew at a surprising 5.7% rate in the 4th quarter - seeming to confirm what we've been hearing: the recession is officially over. But wait - foreclosure and unemployment rates remain high, and food banks are seeing record demand. Could it be that the GDP, that gold standard of economic data, might not be the best way to gauge a nation's relative prosperity...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

Nevertheless, high-speed rail is an idea whose time has come - at least for environmentalists. According to Environment America, high-speed rail uses a third less energy per mile than auto or air travel, and a nationwide system could reduce oil use by 125 million bbl. a year. In addition, high-speed rail represents the kind of long-term infrastructure investment that will pay back for decades, just as the interstate highway system of the 1950s has. "This is a down payment on a truly national program," said Biden, who has logged more than 7,900 round trips...

Author: /time Magazine | Title: Can High-Speed Rail Succeed in America? | 1/29/2010 | See Source »

...from politicians in Washington has been to allow people to be covered by their parents’ insurance until age 26. While this proposal would reduce some the impact of the mandate on the youngest age groups because they tend to be the healthiest and the least prone to high-cost diseases, it is not the cure-all for healthcare that some politicians have claimed it to be. The proposal may actually make sense in the current economic climate—the employment rate for people aged 16-24 has fallen to a low of 51.4 percent. But this number...

Author: By James L. Wu | Title: Obamacare Good for Us? | 1/29/2010 | See Source »

...Mindful of the cloud of suspicion that remains over his administration following its return to power in flawed elections, Karzai in London reiterated his pledge to tackle Afghanistan's rampant corruption. At the summit, he announced the creation of an independent High Office of Oversight to investigate corrupt officials and the strengthening of other anticorruption bodies. "Fighting corruption will be the key focus of my second term of office," Karzai promised. "We are determined to put an end to the culture of impunity." (See pictures of British soldiers in Afghanistan...

Author: /time Magazine | Title: London Afghanistan Summit Glosses Over the Cracks | 1/29/2010 | See Source »

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