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...broken-window fallacy. Just as a broken window creates work for the glazier at the expense of the window owner, money that Kinsley hopes to inject into the economy must first be taken out of it. Add in collection costs and the usual political malfeasance, and we have a net loss to the economy. There's more: Kinsley argues that last summer's high oil prices were essentially a tax on consumers; the money just went to oil companies instead of the government. But he forgets that oil companies do not have control over their prices. If they did, then...

Author: /time Magazine | Title: Inbox | 1/8/2009 | See Source »

...Ahmadinejad. International sanctions have tightened during Ahmadinejad's fiery presidency, resulting in oil exports dominating Iran's economy even more than normal. According to energy analysts and economists, Ahmadinejad has also spent billions of dollars from Iran's Oil Stabilization Fund, which is supposed to act as a safety net during an oil crash, to pay for social programs for his millions of supporters, most of whom are poor - though there is little public accounting for where the money has gone...

Author: /time Magazine | Title: Oil's Sinking Fortunes | 1/8/2009 | See Source »

...Toni then encouraged, or perhaps failed to correct, the extreme grip Nadal uses, and the unusual way he swings his racquet. To this day, instead of using the forward momentum of his body to generate pace on his forehand as the training manuals recommend, Nadal falls backward from the net on his forehand, whipping his racquet behind his head instead of across his body. This movement results in looping shots that keep an opponent heaving balls back, often on the run, in a nightmare from which only an error provides release. Rallying with Nadal, says former Top 10 player turned...

Author: /time Magazine | Title: Tennis: Nadal's New Spin | 1/8/2009 | See Source »

...while Nadal gripes about too many matches, Toni has been reworking his nephew's game to make it less physically demanding. In recent months, the pair have focused on increasing the velocity of Nadal's serve in the hope of earning more aces, and improving Nadal's net play in the hope of shortening rallies. More drastically, they have begun altering Nadal's trademark forehand. In Paris, I spent two hours watching Nadal practice forehands with a follow-through that came around his body in the traditional manner rather than whiplashing behind his head. Toni barked complaints if his pupil...

Author: /time Magazine | Title: Tennis: Nadal's New Spin | 1/8/2009 | See Source »

...Right after freshman Whitney Kennedy’s penalty expired, there was a scuffle in front of the Harvard net...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: NOTEBOOK: Crimson Blanked Again, Hurt by Missed Chances | 1/7/2009 | See Source »

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