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...that changes the long-term reality of how indebted Americans are a structural issue that will require more than a couple of months to return to historic normalcy. A recent research note by economists at the Federal Reserve Bank of San Francisco points out that the ratio of household debt to personal disposable income a measure of how "leveraged" individuals are has barely budged from its 2007 high of 133%. In 1960, that ratio was 55% in 1960 and in the mid-1980s...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...cumulative 16 years in office. He has used some of that money to distribute cash handouts across Iran to facilitate loans to lower-income families, provide housing subsidies and raise wages and pensions for government employees. "My parents are both retired teachers, and yet they could barely sustain our household of seven," said an enthusiastic Amin Kazemi, a 19-year-old student of software engineering, at Friday's rally. "Since Ahmadinejad, both their salaries have gone up and we can live with dignity." (See pictures of health care in Tehran...

Author: /time Magazine | Title: Iran's Election: Rallies Reveal a Stark Contrast | 6/6/2009 | See Source »

After reading one of the stories, the study participants were presented with equally priced choices between two cars, two household cleaners and two dishwashers; in each case, the participants could pick a more luxurious nongreen item (a high-end Sub-Zero dishwasher with a no-spot drying system, for instance) or an eco-friendly item (a dishwasher with a short running time made with recycled components). Those who read the status-priming story were far more likely to pick the green product than the luxury product. They were also more likely to pick the green product than another control group...

Author: /time Magazine | Title: Competitive Altruism: Being Green in Public | 6/3/2009 | See Source »

...forefront of theoretical physics. He is also lauded outside the academic realm for his two bestsellers, “The Elegant Universe” and “Fabric of the Cosmos,” which brought esoteric concepts of string theory to the masses.Theoretical physicists are rarely household names, yet “The Elegant Universe” worked its way to number four on the New York Times Best-Seller List. The book was eventually made into a PBS miniseries, narrated by Greene. Now a tenured professor at Columbia University, Greene has taught applications of quantum mechanics...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Class of 1984: Brian R. Greene | 6/2/2009 | See Source »

...Perhaps BC is not the first school brought up when discussion arises on men’s college basketball. The Eagles are not a household name like Duke, nor a decorated squad like UCLA, with scores of banners and retired jerseys hanging from the gymnasium rafters...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: UPSET GAME OF THE YEAR: Crimson Topples ACC Titan | 5/30/2009 | See Source »

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