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...While the impact of the new measures has yet to be felt, the delayed effects of the broader economic crisis are beginning to bite. The country slipped into recession last year and is now facing its worst economic contraction since 1987 - the last time Greece was forced to implement austerity measures following a previous round of government overspending. And across the country, the mood has started to sour: shops are closing and restaurants are half-empty. Many Greeks even say they'll cut back on going out to cafés - a pastime so central to the culture that...

Author: /time Magazine | Title: The Party's Over for Spendthrift Greeks | 2/17/2010 | See Source »

...with all its problems, "nuclear energy remains our largest source of fuel that provides no carbon emissions." If a price is put on carbon, nuclear energy might look like a better investment down the line. And even in the absence of congressional action, such loan guarantees allow Obama to implement his energy policy directly, without the dithering Senate. As long as the much better-funded nuclear industry doesn't eclipse nascent renewables - which lack the lobbying muscle of the atomics - there should be room for all. "The fact is, changing the ways we produce and use energy requires...

Author: /time Magazine | Title: The Green Politics Behind Nuclear Power | 2/16/2010 | See Source »

Harvard Medical School professor Nicholas A. Christakis and economics professor David I. Laibson ’88 each received a grant of about $1.5 million from the National Institute on Aging to implement research geared toward enhancing the quality of life...

Author: By Nadia L. Farjood, CONTRIBUTING WRITER | Title: Professors Win Grants To Promote Quality of Life | 2/12/2010 | See Source »

...think we have to implement some discipline into our game,” senior forward Doug Rogers said. “Not taking penalties, as far as I’m concerned, is a discipline thing. I think everyone on the team’s been guilty of it. It’s really a mindset and committing to being disciplined...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Harvard Takes Ice In Beanpot Consolation | 2/8/2010 | See Source »

Sure, the authoritarian rulers in Beijing can sometimes implement policies more efficiently than the argumentative democrats of the West. That's exactly why Beijing's recession-busting stimulus plan proved more effective than Washington's. With no political debate to get in the way, China's bureaucrats splashed money everywhere to toss up shiny new infrastructure. The slumping economy needs more credit? Well, that's easy - if you own the banks. Just open a spigot and watch the money flow. China's government can also push ahead on important long-term projects with greater speed. While health care reform...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

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