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...ineffective in other patients and shrank again when his doctor administered sterile water but said it was a more powerful version of the medication. The U.S. Food and Drug Administration ultimately declared the drug ineffective, and the patient died. All that may be necessary for the placebo effect to kick in is for one part of the brain to take in data from the world and hand that information off to another part that controls a particular bodily function. "The brain appears to be able to target the placebo effect in a variety of ways," says Newberg. There...

Author: /time Magazine | Title: The Biology of Belief | 2/12/2009 | See Source »

Ideas aimed at kick-starting this process include giving everyone who buys a house a tax credit worth 10% of the purchase price and driving down mortgage rates--perhaps to as low as 4%. They're an effort to push fence sitters off their perch and give a head start to folks who are finding that tighter lending standards mean they can't borrow as much as they might once have...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

...late 1980s, an actor’s paycheck was directly proportionate to the height of his roundhouse kick, and Jean-Claude Van Damme stomped skull like he was trying to break the bank. But the era of the action star is long gone, and despite Van Damme’s prolific career over the last two decades, the Muscles from Brussels hasn’t made a memorable flick since his too-cool-to-be-cool turn as Guile in the movie version of popular 90s video game “Street Fighter.” “JCVD?...

Author: By Ross S. Weinstein, CONTRIBUTING WRITER | Title: JCVD | 2/12/2009 | See Source »

...That's why on Feb. 4. the House Financial Services committee met to talk about making a law to shield servicers from such lawsuits. The law, first proposed by real estate and law professors at Columbia University, would create a so-called legal safe harbor, and ostensibly kick up modification efforts. The professors believe this to be the case because they've observed that firms that directly own mortgages are more successful at modifying them than are the companies servicing them for others. (Read the proposal from America's realtors on how to revive the housing market...

Author: /time Magazine | Title: Will Loan Modifications Lift the Housing Market? | 2/6/2009 | See Source »

...Nobody knows exactly how many children's health problems are exacerbated by a parent's religious beliefs because "the system can only kick in if people become aware that a sick child is not getting care," says Dr. Sara Sinal who co-authored a July 2008 article on religion-based medical neglect in Southern Medical Journal. "It is suspected that many deaths go unreported and unrecognized, particularly in closed communities." Former Christian Scientist Rita Swan, executive director of the nonprofit Children's Health Care Is A Legal Duty, estimates that since the 1980s 300 children have died of "religion-based...

Author: /time Magazine | Title: When Parents Call God Instead of the Doctor | 2/5/2009 | See Source »

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