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...affiliated hospitals are offered diet and cooking classes, exercise instruction and smoking-cessation programs, all free of charge. This results not only in healthier employees but also in lower health-care costs and fewer days lost to sickness. What works for the Cleveland Clinic could and should be a model for other hospitals as well as for other companies and the entire nation...

Author: /time Magazine | Title: The Rx for Good Health | 6/22/2009 | See Source »

Chasing the European Model...

Author: /time Magazine | Title: Inbox | 6/22/2009 | See Source »

Little Tikes COZY COUPE outsells every other car model in America...

Author: /time Magazine | Title: Pop Chart | 6/22/2009 | See Source »

Emboldened by this work, economists began to apply their number-crunching skills to the postwar market. Chicago graduate student Harry Markowitz devised a model for picking stocks that was, in Friedman's estimation, "identical" to his artillery-shell-fragmentation trade-off. And in the late 1950s, scholars at Chicago and the Massachusetts Institute of Technology became enamored of the idea that stock-market movements were, like many physical phenomena, random...

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

...anyone did seriously believe that price movements are determined by changes in information about economic fundamentals," Summers said just after the crash, "they've got to be disabused of that notion by Monday's 500-point movement." The crash also demonstrated that prices didn't follow the statistical model of a random walk--if they did, a 20% one-day market drop like that of 1987 should happen only once in billions upon billions of years...

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

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