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...talent far outstrips the supply,” Rapier wrote. “Intense competition for the very best people in those fields has driven their compensation levels to breathtaking heights: network news anchors, Fortune 500 CEOs, professional athletes, and entertainers with box-office appeal. Managers who can successfully invest billion-dollar funds are in that same league...

Author: By Zachary M. Seward, CRIMSON STAFF WRITER | Title: HMC Salaries Fell Last Year | 11/23/2004 | See Source »

...giving away the same product for free. It simply defies logic and the reality of basic economics. The average motion picture costs $102 million to make and market. If the illegal swapping of movies online is allowed to reach the levels that nearly devastated the music industry, who will invest such sums to create movies in the future...

Author: By Dan Glickman, | Title: Pirating films hurts profits, deincentivizes movie-making | 11/22/2004 | See Source »

Leaders in Beijing want to avoid the fate of other oil-poor countries like South Korea, which buys all its crude on the open market and is therefore exposed to sharp price rises. The way to do that is to invest in exploration and development in countries that have oil fields but lack the capital or technology to exploit them. When Chinese companies have a stake in oil coming out of the ground, even if it originates abroad, they will have secured long-term supplies independent of the world's fickle prices. The process of overseas exploration began...

Author: /time Magazine | Title: China: Quest for Crude | 11/22/2004 | See Source »

...Deal, which during the depths of the Depression created a vast web of entitlements that raised Americans' living standards and gave Democrats a lock on Congress for many decades. Bush's ownership society would embrace a new philosophy, shifting to working stiffs the responsibility for spending and investing wisely--and in the process fundamentally changing Americans' relationship with the government. They would own their own risk, essentially, with a direct stake in things like their retirement and health-care dollars. They would be able to watch benefits accrue, knowing the funds could never be snatched away as the result...

Author: /time Magazine | Title: Taking The Plunge | 11/22/2004 | See Source »

Presumably, private accounts with some assets in the stock market would perform better. But free-market solutions come with free-market problems. What happens if individuals don't invest wisely? Or if the stock market tanks after they retire? Some economists are worried that the plan is especially risky for the two-thirds of seniors who rely on Social Security for their main source of income. "The burden of [cutting benefits] is going to fall on lower- and middle-income households," says Mark Zandi of Economy.com Yet supporters say the dangers could be easily mitigated by allowing investments only...

Author: /time Magazine | Title: Taking The Plunge | 11/22/2004 | See Source »

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