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...Gist: In his latest book, the Stanford professor and Wired columnist rails against the nation's copyright laws - regulations he believes are futile, costly and culturally stifling. Citing "hybrid" economies like YouTube and Wikipedia (both of which rely on user-generated "remixes" of information, images and sound), Lessig argues in favor of what he calls a "Read/Write (RW)" culture - as opposed to "Read/Only (RO)" - that allows consumers to "create art as readily as they consume...

Author: /time Magazine | Title: Lawrence Lessig: Decriminalizing the Remix | 10/17/2008 | See Source »

...with UVA in the Petite Final of the NCAAs, and we edged out a great program in Virginia.”The team returns six members of that varsity eight­—including four seniors—to this year’s campaign for the national title.The senior class started this season by taking an all-senior boat to Oklahoma City to best Washington State by seven seconds at the Head of the Oklahoma in the first race of the day. The Cougars were eighth in the point tally at last year’s NCAAs...

Author: By Elizabeth A. Joyce, CRIMSON STAFF WRITER | Title: All or Nothing for Black and White | 10/17/2008 | See Source »

Global competitiveness in the era of globality--where the new rules are no rules--requires new ways, new thinking. This is a battle that any nation dares not lose...

Author: /time Magazine | Title: In the New World Disorder, Loads of Rivals for America | 10/16/2008 | See Source »

...host of creations like the FDIC, Social Security, unemployment insurance, the Securities and Exchange Commission and a vastly strengthened Federal Reserve system. Complemented by the multilateral bodies that were spawned at the end of World War II, these institutions formed a latticework of stability and security on which the nation's and the world's economies grew so robustly that a new word, globalization, was coined to describe the results...

Author: /time Magazine | Title: A Historian on the Lessons of the Depression | 10/16/2008 | See Source »

...government's effort to boost bank lending to end the credit crisis is hurting one of the areas critical to the nation's recovery: mortgage rates. In the past week, the average mortgage rate on a 30-year fixed home loan has jumped more than one half a percentage point to 6.74%, according to Bankrate.com. That might not sound like much, but it is the biggest one-week rise in the normally stable lending rate in 21 years. Some economists say mortgage rates could soon top 7%, a level they have not seen in more than six years...

Author: /time Magazine | Title: The Bank Bailout's Side Effect: Rising Mortgage Costs | 10/16/2008 | See Source »

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