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...explained in an e-mail to TIME. Readers are invited to submit their own pictures, though in all likelihood, most photos on the site are probably found objects similar to the vintage-store snapshot. The concept is catching on. Happiest People Ever ! has been around for less than a month, but it's already getting about 6,000 hits a day. In part that's because the qualifications for entry are minimal. Anyone bored, lonely, grumpy or dejected (preferably all four) is welcome. Smeared makeup is a plus. So is a dingy background, like a fast-food joint...
...good news is that in the past two years, the yield curve has gone from a bunny slope to a double black diamond. The difference between the 3-month Treasury bills and U.S. 10-year bond is now 3.65 percentage points. Two years ago, the difference between those two rates was a mere quarter of a point...
...come. Yes, an uptick in interest costs can slow a galloping economy. But in recessions, like we are in now, higher interest rates usually signal better economic times ahead, not worse. For instance, the yield on the 10-year government bond rose nearly 20% in November 2001 - the last month of that recession. Indeed, many economists believe the rise in interest rates now signals a return to normal, and not a sign that we are in for more trouble...
...compensation would have to come from the environment, and studies suggest that early intervention can have great impact. Researchers at the University of Georgia last month published a study of 641 adolescents, ages 11 to 16, some of whom carried the short allele form of the gene 5-HTTLPR - a genetic condition found in about 40% of the general population and long associated with low self-control, binge drinking and substance use. Half of the participants were randomly enrolled in drug prevention programs. After five years, those participants with 5-HTTLPR who were enrolled in a prevention program were...
Birthday Bonus. OpenSkies, the luxe airline that flies from New York's JFK to Paris and Amsterdam, is celebrating its first birthday by giving away a business class ticket per day for the next year. Each month, through May 2010, OpenSkies will pick 30 winners from a different birth month. (Confusingly, in June, people who were born in October are eligible to win.) To enter the lottery, register here by June 19. Or, take advantage of a sure thing: OpenSkies has a sale on Biz class seats through June 30, with $550 one-way fares to Paris...