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Word: levelness (lookup in dictionary) (lookup stats)
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...from being helpful, the Treasury worsened the situation by increasing the liquidity of the financial sector through its bailout. However, the greatly enhanced lending capacity of depository institutions has not yet reached the money supply, as evidenced by the tremendous level of excess reserves. When it does, the Fed will find it difficult indeed to summon the political will, or find the ability, to soak up all this excess liquidity. Recessions ordinarily lead to deflation or disinflation, which increase the real value of assets and act to end the recession by fostering spending. This natural and necessary corrective mechanism will...

Author: /time Magazine | Title: Fighting the Last Depression: The Fed's Policy Errors | 12/30/2008 | See Source »

...Between the two groups, I measured, among other factors,] whether they'd feel guilty if they had sex; how often they go to church or attend religious youth groups; whether they identify as born-again Christians; their level of sexual experience; their friends' risk behaviors; whether they think their friends know how to use condoms; and their knowledge of condoms and birth control [as demonstrated by] a quiz that was part of the survey...

Author: /time Magazine | Title: Do Virginity Pledges Work? | 12/30/2008 | See Source »

...more theoretical level, Zald's results may also help inform a long-ranging debate in the addiction field. Some experts believe that addicts suffer from a natural deficit of dopamine and self-medicate with drugs; others think addicts' brains make normal amounts of the neurotransmitter but just can't break it down and regulate it properly...

Author: /time Magazine | Title: Why We Take Risks — It's the Dopamine | 12/30/2008 | See Source »

...Gaza strip, one unsettling specter has emerged from the recent past: the failed campaign to crush the Lebanese militants of Hizballah in July 2006. Lebanon was clearly on the minds of Israel's military planners. Even as Hamas targets were pounded in Gaza, Israeli jets flew low-level saber-rattling sorties over southern Lebanon, a warning to militants not to launch reprisal attacks along Israel's volatile northern border. (See pictures from Israel's 2006 war in Lebanon...

Author: /time Magazine | Title: Attacking Gaza, Israel Worries About Lebanon | 12/29/2008 | See Source »

This time, however, the Israeli government is earning praise in the Israeli media for its handling of the assault against Hamas. In particular, analysts cite the months of intelligence gathering and high level of secrecy in planning the air strikes. The timing of the first raids on Saturday appears to have caught Hamas by surprise, accounting for the high number of casualties among the militants...

Author: /time Magazine | Title: Attacking Gaza, Israel Worries About Lebanon | 12/29/2008 | See Source »

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