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...astray: in their bid to drive down costs, big-box stores have kept the salaries and benefits for their employees to a bare minimum; fashion retailers have prioritized price over style and quality, often using their outlet stores to hawk a completely different line of merchandise. Finally, what kind of bottomless plate of scampi do you really think 15 bucks can buy? In her new book, Cheap: The High Cost of Discount Culture, Shell argues that our never-ending pursuit of cheap has blighted our landscape, depressed working wages and (yes) contributed to the global financial meltdown. Shell talked...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...talk in the book about a drug study in which they administered painkillers, and when they told patients the drugs had been bought at discount, they were actually less effective. That's kind of terrifying. The response to a discount is profound in the human brain. What is less profound is the response to actually owning that object once you get the discount. We strive to get that deal, but we tend to devalue the object after we purchase it. For many things, the biggest charge we get is that transaction itself. Retailers and marketers strive to make us think...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...Prayers, accused the protesters themselves of killing Neda: "Any intelligent person seeing the film gets it ... the way they've shot it from where the woman's car is." Iran's ambassador to Mexico reckons the killing could be the work of the CIA. "The bullet ... is of a kind that is not used in Iran. These are methods that terrorists, the CIA and espionage agencies use." (See pictures of the legacy of Ayatullah Ruhollah Khomeini...

Author: /time Magazine | Title: In Iran, Conspiracy Theories Flourish As Regime Tries to Regain Legitimacy | 7/2/2009 | See Source »

...That sends a strong signal to Indian gay rights activists, who cheered not just the decision but the principle affirming homosexuals as part of Indian society. "It's the first judgment of its kind," says Siddharth Narrain, an attorney with the Alternative Law Forum in Bangalore. "It looks at the concept of inclusiveness, not just life and liberty." (Read: "The Battle Over Gay Marriage...

Author: /time Magazine | Title: India's Historic Ruling on Gay Rights | 7/2/2009 | See Source »

...Iranian leadership ratchets up the rhetoric, the E.U. faces a dilemma. Does it respond in kind, by imposing new sanctions or withdrawing its ambassadors, or does it try to maintain leverage by keeping the channels of dialogue open? (See TIME's photo-essay: "Behind the Scenes with Mousavi...

Author: /time Magazine | Title: How Should Europe Respond to Iran? | 7/2/2009 | See Source »

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