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...brand-name drugs from doctors. Their symptoms might not require such medications, and when they do, cheaper generic drugs may be available. Such marketing probably drives up overall health-care costs. More important, new drugs that are aggressively marketed can pose a safety risk. Merck's heavy promotion of pain reliever Vioxx - look at Dorothy Hamill skating without any strain! - is a prime example of advertising gone awry. The drug was later taken off the market after it was found to increase risk for heart attacks...

Author: /time Magazine | Title: Are Direct-to-Consumer Drug Ads Doomed? | 2/4/2009 | See Source »

...were probably shocked by the news last week too: bonus payouts on Wall Street fell 40% in 2008, to levels not seen since 2004. Oh, the pain, the humanity! Some media outlets, however, reported this data another way: Wall Street Gluttons Get $18.2 Billion in Bonus Money While Economy Implodes...

Author: /time Magazine | Title: Can Obama's Executive-Pay Limits Tame Wall Street? | 2/4/2009 | See Source »

...Still, Walker worries that the pain caused by this global crisis will lead to "a de-globalization move" over the next two years by Asian governments. Countries looking to preserve their own economies could become less eager to promote global trade, he says, and could resort to protectionism as competition for export markets becomes cutthroat. There will be "much more introspection, especially in emerging markets, about joining the party with as much gusto as in the past," Walker says. "There is going to be a lot of questioning about capital market opening. The old model is broken and they...

Author: /time Magazine | Title: Pundit: China's Economic Growth Could Stop | 2/3/2009 | See Source »

...Barack Obama thought a change at the White House might ease a few of the outstanding problems left to him by George W. Bush, North Korea, for one, isn't playing along - and that should surprise no one. Pyongyang is again demonstrating that it's a bipartisan pain in the neck. Whether you're a hawk professing your "loathing" for Kim Jong Il, the dictator who presumably still runs Pyongyang, or a dove who wants to extend hands across the water, North Korea has already made clear that nothing has changed as far as it's concerned. In the past...

Author: /time Magazine | Title: North Korea to Obama: We're Trouble Too | 2/3/2009 | See Source »

...Bachchan, perhaps a more constructive activity than trying to discredit Slumdog is to make a movie like it himself. As it stands, those who think that “pain and disgust” are the appropriate reactions for India’s “nationalists and patriots” are simply abrogating their responsibilities, then complaining when others pick them...

Author: By Paras D. Bhayani | Title: An Area of Darkness | 2/1/2009 | See Source »

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