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...world - unlike the real-life Amazon - isn't particularly biodiverse yet. If publishers aren't in a position to check Amazon directly, the market is, or it will be. There will be some painful scenes while we wait for that to happen, but already Google - a company that never met a loss leader it didn't like - has announced its intention to start selling e-books before the end of the year. Simon & Schuster has just announced a plan to sell digital copies of its books through the e-book website Scribd.com. The price? Twenty percent off the harcover price...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...statistics and pro-market ideology came together in the mid-1960s. It was the great MIT economist Paul Samuelson who made the case mathematically that a rational market would be a random one. But Samuelson didn't share Friedman's political views, and he never claimed that actual markets met this ideal. It was at Chicago that a group of students and young faculty members influenced by Friedman's ideas began to make the case that the U.S. stock market, at least, was what they called "efficient...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...years of sustained U.S.-led international pressure. Another example is South Korea, where energetic bipartisan U.S. pressure peaked in 1987 when U.S. ambassador Jim Lilley hand delivered a letter from President Reagan urging against a crackdown on protesters. The advice was heeded. Two weeks later the protesters' demands were met, and Korean democracy was born...

Author: /time Magazine | Title: Obama's Three-Part Case on Iran | 6/20/2009 | See Source »

...want to minimize the myriad tactical dilemmas here in addressing a fluid situation. But the minority camp inside the Obama Administration seems to understand that the threshold dilemma must first be met. The job of an American president is not that of a history professor, but an actor in history. As masses march and bullets fly this weekend, a timeless question cannot be avoided. Even if we cannot know or control the outcome, we have a responsibility, through our actions as a nation, to answer clearly the question: whose side are we on? For President Obama's team, Monday could...

Author: /time Magazine | Title: Obama's Three-Part Case on Iran | 6/20/2009 | See Source »

...OSAPR Director Sarah Rankin said that ideally students in need of counsel would have someone on campus to talk to. But she added that she understood the University's rationale in making this "painful decision," and that she too hoped students' needs could be met by "piecing together all the things that will be available...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Sexual Assault Office To Close for July | 6/19/2009 | See Source »

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