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...World Health organization developed a plan to eliminate malaria globally within 15 years. The funding from governments, however, soon dried up and in 1970 the disease still plagued much of the world’s population. Today, effective global malaria control would require an estimated $5 billion a year; according to the New York Times, Americans spent 10 times that amount on cosmetics and toiletries in 2006. Europeans spent $50 billion on cigarettes...

Author: By Miranda E. Rosenberg | Title: This is Pharaoh’s Army | 4/8/2010 | See Source »

...January 2007, after the mayoral election had come and gone, Fryer returned to New York - this time with a more audacious plan. He wanted to create a treatment group and a control group, just like a real scientist. And he had a $2 million grant from the Broad Foundation, which had taken an interest in Fryer because of the scientific rigor of his approach...

Author: /time Magazine | Title: Should Kids Be Bribed to Do Well in School? | 4/8/2010 | See Source »

...summer before the experiment began, a New York Daily News reporter heard about the plan. The story, headlined "It's a Cash Course," quoted an antitesting activist who called the plan "horrendous." One of Fryer's other funders pulled half a million dollars. Fryer got kicked out of the schools again, he says. This time, Klein took him to a Yankees game. A few days later, Fryer was allowed back in the schools. But he started waking up at 3 a.m. to check the newspapers...

Author: /time Magazine | Title: Should Kids Be Bribed to Do Well in School? | 4/8/2010 | See Source »

...Meanwhile, Fryer and his team found other testing grounds. In Chicago, Fryer worked with schools chief Arne Duncan, now President Obama's Education Secretary, to design a program to reward ninth-graders for good grades. Over beer and pizza in a South Side bowling alley, they sketched out a plan to pay kids $50 for each A, $35 for a B and $20 for a C, up to $2,000 a year. But half of their earnings would be set aside in an account, to be redeemed only upon high school graduation...

Author: /time Magazine | Title: Should Kids Be Bribed to Do Well in School? | 4/8/2010 | See Source »

...Little in these reforms is really new," Kaufman says of the current White House-backed Democratic Banking Committee plan. He calls the provisions for new "resolution authority" to dissolve failing banks "an illusion," since the sheer size of the institutions makes painless, prepackaged liquidation unlikely. He worries about loopholes that exempt certain highly profitable derivatives from federal oversight. But most of all, he believes the current Senate plan, which relies on the wisdom of bank regulators, won't prevent another crisis. "The sad reality is that regulators had substantial powers," he announced during another Senate-floor speech in March...

Author: /time Magazine | Title: The Replacement Senator Causing Democrats Fits | 4/8/2010 | See Source »

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