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...discovery by University of Southern California economist Richard Easterlin that the happiness of a nation's inhabitants didn't necessarily rise with its GDP. But the recent explosion in happiness surveys has enabled a soon-to-be-published reappraisal by the University of Pennsylvania's Betsey Stevenson and Justin Wolfers, who find that happiness tracks per capita GDP pretty closely. Money really does matter. GDP does...

Author: /time Magazine | Title: Don't Ditch the GDP | 4/10/2008 | See Source »

More Money To read Justin Fox's daily take on business and the economy, go to time.com/curiouscapitalist

Author: /time Magazine | Title: Don't Ditch the GDP | 4/10/2008 | See Source »

...Bear's Mighty Fall I read with dismay Justin Fox's "The Bear Trap," about the collapse of investment bank Bear Stearns [March 31]. The market crisis is especially unsettling because it is self-inflicted. Over the past two decades, through the crippling process of outsourcing, we have relinquished our leads in manufacturing, engineering and technology. If we lose our status as the world's financial beacon, we will surely inch closer to becoming a nation of two dimensions: a bloated military power that consumes voraciously and produces little. Robert Winkelmann, AMITYVILLE...

Author: /time Magazine | Title: The Dalai Lama's Greatest Trial | 4/9/2008 | See Source »

...times, respectively. Rookie Jamie Olson and junior Jan Ng placed second and fifth in the women’s 800-meter run at 2:14.03 and 2:15.54, respectively.Freshman Brian Hill placed fourth in the men’s 800-meter run with a 1:53.50 finish. Sophomore Justin Grinstead and freshman Dina Emde both notched solid performances in the 400-meter hurdles. Grinstead’s 54.18 finish on the men’s side was good for fifth and, on the women’s side, Emde placed third with a 1:03.69 time.Junior Shannon Flahive leapt...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: Split Squads, Freshman Produce Personal Bests | 4/7/2008 | See Source »

More Money To read Justin Fox's daily take on business and the economy, go to time.com/curiouscapitalist

Author: /time Magazine | Title: Holding Back the Flood | 4/3/2008 | See Source »

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