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...better that stuff will get more expensive? Won't the demise of Wal-Mart kick out of the middle class those who are now clinging to its bottom rung? Only if you define middle class as being able to buy a ton of peripheral stuff for next to nothing. What I think will happen is we'll see the ancillary kinds of junk - like throwaway furniture and gobs of plastic kitchen gadgets - fade out of our lives. The middle class will still have access to what truly makes life good: a comfortable home (but not a huge home), good education...

Author: /time Magazine | Title: How the Coming Rise in Gas Prices Will Change the World | 7/15/2009 | See Source »

...Public Theater representative yells: "That's the end, right there." No chance for tickets, now. A crowd of people—including us—shrug shoulders and kick the dirt. Most pack up, disperse. Jun spots a friend and I encourage her to wrangle his extra ticket. Hey, it's a tough world and the lone wolf survives. No luck...

Author: By Emily C. Graff | Title: The Summer of our Discontent | 7/14/2009 | See Source »

Anyone who ever saw Alexis Arguello slug out a 13-round victory in the boxing ring knows he had the heart of a giant - too big, it seemed, to fit inside his skinny, 130-pound frame, which could pack a punch like a mule kick. Revered as the "Explosive Thin Man" and the "Gentleman of the Ring," Arguello - who committed suicide with a bullet to his heart on July 1 - was a champion like few others before him or after. Even on the rare occasion that he lost (he won 82 of his 90 career bouts), he gave an epic...

Author: /time Magazine | Title: How Politics Took Down Nicaragua's Boxing Champ | 7/13/2009 | See Source »

...faces some massive hurdles before it can be considered a rival to Russia's supply. For a start, there is uncertainty about which countries will actually join the pipeline. Azerbaijan is the only country currently able to supply the 15 billion cu m a year the line needs to kick off its first phase. "We don't even have a map showing us which countries will be the sources and which will be the transits," says Ana Jelenkovic, an analyst at research consultancy Eurasia Group. (Read: "Russia-Europe Gas Spat Ends...

Author: /time Magazine | Title: Europe Tries to Break Its Russian Gas Habit | 7/13/2009 | See Source »

...really be, having learned about politics in a state with almost as many square miles as people? Alaskan feuds are straightforward and personal, against a backdrop of "live and let live." Washington combat has an impersonal cruelty to it, reflected in a maxim of the strategist Lee Atwater: "Never kick a man when he's up." As Barnes and Kristol began feeding Palin's name into the swirl of Washington gossip known as the Great Mentioner, they might have overestimated how ready she was for battle in the big time...

Author: /time Magazine | Title: The Outsider: Where Is Sarah Palin Going Next? | 7/9/2009 | See Source »

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