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...exactly what the data shows. It's true that controlling for socioeconomic status (SES) eliminates most of the public-school/private-school differences in achievement-test scores in math, reading, science and history. But even after you control for SES, Catholic schools run by holy orders (not those overseen by the local bishop) turned out to perform better than other schools studied. True, as the study says, there are only a small number of religious-order schools. But the data suggests that the type of school a kid attends does affect how well he will do - and that we could learn...

Author: /time Magazine | Title: Are Private Schools Really Better? | 10/10/2007 | See Source »

...reaching higher to bring their customers all things unattainable, Hall points to the one commodity everyone finds out of reach. "Time," says Hall, who in the '80s built out of nearly nothing what became the store's thriving leisure department. To that end, she has overseen a technology overhaul that will provide sales associates with daily alerts about the lives of their customers, whose numbers rank in archived thousands. Anniversary coming up? The associate knows to call the husband and what gifts to suggest for his wife. Thanks to this kind of signature service, Neiman's associates become, to many...

Author: /time Magazine | Title: Magical Thinkers | 9/21/2007 | See Source »

...handiwork of the very military whose overthrow spurred Abhisit's political passions more than three decades ago. After deposing Prime Minister Thaksin Shinawatra in a bloodless army coup last September, Thailand's ruling junta promised to restore democracy by the end of this year. Now that the new constitution overseen by the generals has won a 58% approval rating in a referendum on Aug. 19, the junta appears committed to carrying out its pledge to hold elections by year's end. But Thaksin, who has been charged with corruption, is in exile, living mostly in London, while top members...

Author: /time Magazine | Title: Open Road | 8/23/2007 | See Source »

...modern understanding of the imortance of workplace group dynamics dates to a series of experiments conducted in the 1920s and '30s at a telephone-equipment plant in Cicero, Ill. The Hawthorne studies, overseen by Harvard Business School professor Elton Mayo and named after the factory where they took place, set out to examine the relationship between working conditions--the amount of light in a room, say--and productivity. In one experiment, six women from the shop floor were put into a group and then observed while Mayo's researchers adjusted such variables as the number of rest breaks and their...

Author: /time Magazine | Title: It's What's on the Outside that Counts | 8/23/2007 | See Source »

...Bookstaber has run a quantitative equity hedge fund and has overseen risk management at several large hedge funds and investment banks. He is the author of A Demon of Our Own Design (Wiley, 2007). He can be reached through his blog rick.bookstaber.com...

Author: /time Magazine | Title: Blowing up the Lab on Wall Street | 8/16/2007 | See Source »

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