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...Running an organization as influential as Wikipedia isn't inexpensive. The company's costs reach nearly $6 million per year, and though it recorded more than 100 billion page views last year, the site has no advertisements. With that level of traffic, even a single text advertisement per page would net Wikipedia millions of dollars, but Wales is insistent that the service, which is supported by private donations, remains ad-free...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

...Obama Administration and economists hailed the dip in July unemployment to 9.4% from the 9.5% level in June as an indication that the economy is beginning to recover. But the drop in unemployment is deceptive. Employers shed another 155,000 jobs in July. And the unemployment rate would have gone up, possibly to 9.7%, if the 400,000 Americans who had previously been searching for a job (but became so discouraged they stopped) had continued to seek employment in July. Economists expect the job picture to remain bleak well into...

Author: /time Magazine | Title: The U.S. Economy: Time for a Real Jobs Stimulus? | 8/18/2009 | See Source »

...projects for artists and writers. In the 1970s, we put people to work during recessions doing useful things. These were mostly lower-skills jobs such as teaching assistants, home health-care workers and cleaning up parks. A similar program today could help a great deal with the high level of unemployment among young people...

Author: /time Magazine | Title: The U.S. Economy: Time for a Real Jobs Stimulus? | 8/18/2009 | See Source »

...case.) Is this step a prelude to an official determination that the Constitution forbids the execution of an innocent prisoner, a seemingly obvious assumption that has never been formally declared? If so, what new filters of trial procedure and judicial review will have to be installed to reach that level of certainty and perfection? In his dissent, Scalia wrote, "This court has never held that the Constitution forbids the execution of a convicted defendant who had a full and fair trial but is later able to convince a habeas court that he is 'actually' innocent...

Author: /time Magazine | Title: Davis Ruling Raises New Death-Penalty Questions | 8/18/2009 | See Source »

...Money (Wiley) reflects its tabloid title. Told with faux breathlessness, it reads at times like a quickly compiled clip job. On occasion, he uses the annoying supermarket-rag technique of quoting "Madoff insiders" for banal details, such as that Madoff liked expensive suits, in order to raise the level of suspense. But Oppenheimer can be good at the juicy quote too. One victim told him, "What were we going to do--call up Bernie and tell him, 'God, I'm making too much money. What's going on?'" Or the small detail. If you're in the market...

Author: /time Magazine | Title: Bernie Madoff — Publisher's Best Friend? | 8/17/2009 | See Source »

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