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...shocked and appalled that Bernanke was named Person of the Year. In my opinion, he set up the devaluation of the U.S. dollar and rewarded bad behavior and business practices of corporations that should have been left to fail. Julie R. Seeley Harvard, Mass...

Author: /time Magazine | Title: Inbox | 1/25/2010 | See Source »

...field phenomenon Usain Bolt was chosen to be on the short list. The selection of a formidable athlete who has revolutionized the world of sports is a welcome change from the politicians and dignitaries who are usually recognized. Congratulations to Bolt for a fantastic year! Lisa Sloan, SUDBURY, MASS...

Author: /time Magazine | Title: Bernanke: A Bad Call ... | 1/25/2010 | See Source »

...Coleman and Damrosch believe that adding livestock to their farm will help the planet? Cattleman Ridge Shinn has the answer. On a wintry Saturday at his farm in Hardwick, Mass., he is out in his pastures encouraging a herd of plump Devon cows to move to a grassy new paddock. Over the course of a year, his 100 cattle will rotate across 175 acres four or five times. "Conventional cattle raising is like mining," he says. "It's unsustainable, because you're just taking without putting anything back. But when you rotate cattle on grass, you change the equation...

Author: /time Magazine | Title: How Cows (Grass-Fed Only) Could Save the Planet | 1/25/2010 | See Source »

Because there's evidence that the extensions are only prolonging joblessness. Today's unemployment rate remains high not because of mass layoffs - most of which happened early last year - but mainly because more people are remaining unemployed for longer periods. In academic parlance, the "exit rate" from the unemployment pool is only around 21%, compared with 34% during the last harsh recession, in 1982. (See pictures of retailers which have gone out of business...

Author: /time Magazine | Title: A Limit to Compassion | 1/25/2010 | See Source »

...exploded, with big chain bookstores opening in cities, airports and hotels across the country. "It all happened pretty quickly: shopping malls came up, big bookshops came up, and people had the spending power," says Anantha Padmanabhan, the head of sales at Penguin India. "In 2003 everything curved upwards. A mass injection took place...

Author: /time Magazine | Title: In Jaipur, the Indian Book Market Comes Into Its Own | 1/24/2010 | See Source »

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