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Dates: during 2000-2009
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What does this mean for our current health system? Some would call for the stop of such underperforming treatments, and this is not so unreasonable. Consider the complications that can result from surgery, and the antibiotic resistance that can develop from an improperly administered regimen—especially if the antibiotics aren’t doing anything a sugar pill couldn’t do. Doctors perform over 600,000 back surgeries a year to the tune of $20 billion. Surely some of the savings from eliminating back surgeries alone could go a long way toward funding health-care reform...

Author: By Michael A. Sun | Title: On a Pill and a Prayer | 9/30/2009 | See Source »

...other big takeaways? A huge one is reversion to the mean [the tendency of an extreme event to be followed by a less extreme one]. Really high performance is a function of skill and luck. And luck, by definition, is transitory - it comes and goes. The next time you do something, even if you sustain your skill, maybe you'll have a little less luck, and you'll mean revert. When you apply that to the world, you see it everywhere - corporate performance, sports-team performance, individual performance. It gets you to think about how to evaluate outcomes. For example...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

...falling. The Congressional Budget Office recently said it expects that the U.S. economy will grow on average about 2.2% a year. That's down from a trend expectation of about 3% just a few years ago. "The economy will feel better in 2011," says Wyss. "But that doesn't mean it will feel good." (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Economic Forecasting: A Foggier View Than Ever | 9/29/2009 | See Source »

...like an undercover vice cop by U.S. standards. Her Morticia Addams hair, deep tan, deeper décolletage, hot-pink baby-doll tops, stylish white jeans, high wedgies and designer totes bring a whiff of the Via Veneto into the courtroom. Napoleoni has spent her career working the surprisingly mean streets of this ancient hill town, infested with battling gangs of Albanian and Moroccan drug dealers and a plague of prostitution from international human traffickers who find it a convenient trading post. Napoleoni is occasionally accompanied by another female homicide cop, Lorena Zugarini, who is built like an East German...

Author: /time Magazine | Title: The Tough Women of the Amanda Knox Case | 9/29/2009 | See Source »

...given the looming specter of climate change, they may have to find a way sooner rather than later. The prospect of another typhoon this week underscores environmentalists' concern that shifts in global temperatures may mean increasingly extreme weather patterns for coastal cities like Manila. "[Ketsana] was a startling, unique event," says Herminia Francisco of the EEPSA in Singapore. "But then I think this is going to happen more and more frequently in the future." (See a TIME graphic on destructive weather...

Author: /time Magazine | Title: The Manila Floods: Why Wasn't the City Prepared? | 9/29/2009 | See Source »

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