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...European Reform in London. (Unlike the U.S., Europe, didn't include the petroleum sector in its own scheme, preferring to more heavily tax the industry instead.) Extending the "fiendishly complicated" system, as Tilford calls it, would be enormously difficult. Brussels "is worried that this system is not yet fully perfect," says Egenhofer of the Centre for European Policy Studies, "that if you get diffuse sources, such as households and cars, it gets very complex, and potentially expensive." (Read: "The Chevy Volt: GM's Huge Bet on the Electric...

Author: /time Magazine | Title: France Considers a Tax on Carbon Emissions | 9/12/2009 | See Source »

...thought if you could have areas where there was long-term substantial unemployment, then that raised some questions about the functioning of markets." In essence, Summers saw in unemployment a chance to explore how markets don't work - and to think about policies that could correct for the failures. Perfect training...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...yourself, because the bodies will soon becoming thick and fast…”The centerpiece of “The Skating Rink,” Bolaño’s first novel, is an idiosyncratic narrative structure and style that the novelist would expand upon and perfect in “The Savage Detectives.” Each narrative point of view takes the tone of a one-sided interview, or a stream-of-consciousness deposition. The men in question fill their winding explanation of the events during that summer in Z leading up to the murder...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Bolaño’s Quiet Terror | 9/11/2009 | See Source »

...perfect jobs for the recession - and after...

Author: /time Magazine | Title: The Ripple Effect: What One Layoff Means For A Whole Town | 9/11/2009 | See Source »

...businesses and lower tax revenues for the government. This belt-tightening means fewer car sales and thus fewer jobs for car-part makers. It means less government spending on infrastructure and other public services, including economic development. The sum effect is less available work for job seekers - a perfect vicious circle. For a well-educated job loser like Whitfield, it can mean a permanent drop in earning power and standard of living - a reversal of the American Dream...

Author: /time Magazine | Title: The Ripple Effect: What One Layoff Means For A Whole Town | 9/11/2009 | See Source »

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