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Dates: during 2000-2009
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...itself from possible devastation by tsunamis or typhoons. So, too, in Bali, where the rich cultural legacy of the Hindu Majapahit culture drew bohemian Western visitors in the 1930s who were mystified as to why most Balinese turned their backs on the lovely beaches, even forsaking fish from their normal diets. (The answer was, in part, because the coasts are considered the domain of demons...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...restaurant, Á naestum grösum, has changed itself into a soup kitchen offering downtrodden Icelanders a free bowl of barley-vegetable soup and a slice of bread, while just down the street a few local bars have begun selling "recession beer" at $2.60 a glass compared with the normal price of $6 or so. But with more layoffs and further turmoil expected, it will take more than hearty stew and a pint of cheap cheer to rescue this nation from economic despair...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

Most of all, the amygdala loathes unpredictability of the kind we are currently enduring. Lab experiments with rats and humans show that both species prefer predictable electric shocks over unpredictable shocks. That's because, on a normal day, the brain works by following shortcuts. We recognize patterns in order to make split-second judgments about what we are seeing. Shortcuts are ruthlessly efficient, which is important for an organ that only uses about 40 watts of power per operation. But the more uncertainty we face, the more shortcuts our brains use. And the shortcuts lead to a slew of predictable...

Author: /time Magazine | Title: Fear Factor: This Is Your Brain in an Economic Crisis | 10/15/2008 | See Source »

...naestum grösum, has changed itself into a "soup kitchen" offering cast-down Icelanders a free bowl of barley-vegetable soup and a slice of bread, while just down the street a few local bars have begun selling "recession beer" at $2.60 a glass, compared with the normal price of $6 or so. But with more layoffs and further turmoil expected, it will take more than hearty stew and a pint of cheap cheer to rescue this nation from economic despair. - by Jonas Moody

Author: /time Magazine | Title: Postcards from Europe's Financial Bust | 10/15/2008 | See Source »

...Harvard pursues socioeconomic diversity on its own. Because of such independence, Harvard may be missing out on exactly the kinds of students it is looking for.OPTING OUTStudents applying to the QuestBridge National College Match Program rank up to eight colleges and submit an application by Sept. 30, months before normal deadlines. The majority of applicants are from households with incomes of less than $60,000.When students get their decisions, they are required to attend the highest-ranked school that admits them, with the exception of a few schools that are non-binding.Each student accepted this way receives a full scholarship...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Overlooking QuestBridge Applicants | 10/15/2008 | See Source »

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