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Dates: during 2000-2009
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...Kinsley's latest missive in TIME falls prey to one of the oldest traps in economics - Frédéric Bastiat's 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...

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

...Congress that convened this week is the oldest in history, with the average Representative's age rising to a record 57. That's three decades older than Aaron Schock, the youngest member of Congress and the first to be born in the 1980s. The 27-year-old Illinois Republican is already a political veteran: he won a seat on Peoria's school board at 19, rose to school-board president at 23 and then won two terms in the Illinois state legislature. He spoke with TIME about his early success, reaching out to Gen Y voters and the odds...

Author: /time Magazine | Title: The First Gen Y Congressman | 1/8/2009 | See Source »

Howdy, Pard'ner! Rodeo season kicks off in Texas on Jan. 16, with the Fort Worth Stock Show & Rodeo. Billed as America's oldest stock show, 113 years strong, it features daily rodeo events, livestock shows and, if you haven't spent all your Christmas money, vendors selling those cool Western belt buckles and boots. Jan. 16 to Feb. 8. Will Rogers Memorial Center; 817-877-2420 for tickets...

Author: /time Magazine | Title: Travel News: It's Rodeo Season! (Plus, Restaurant Week in New York) | 1/8/2009 | See Source »

WILLIAMSBURG, Va.—In the first-ever matchup between the two oldest universities in the country, Harvard could not rise to the occasion, dropping a tough road tilt to William and Mary, 67-54, on New Year?...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Late-Game Dry Spell Downs Harvard | 1/4/2009 | See Source »

WILLIAMSBURG, VA.—In the first ever matchup between the two oldest universities in the country, Harvard could not rise to the occasion, dropping a tough road tilt to William and Mary, 67-54, on New Year’s Eve. The Crimson (6-6) struggled from the start to contain the much taller and bigger Tribe (5-6) squad. The team was outrebounded 49-26, outscored in the paint 30-14, and outplayed by a much larger lineup. Returning from mononucleosis, which had sidelined him since the Dec. 10 game against Northeastern, freshman Keith Wright fought hard...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: William & Mary Takes Basketball Battle of Oldest Universities | 1/3/2009 | See Source »

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