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...narrow calculation of cash flow," says Hazel Henderson, President of Ethical Markets Media (USA and Brazil) and who co-developed the Calvert-Henderson Quality of Life Indicators, which unbundles, rather than averages, 12 indicators. "Because it's averaged, the GDP mystifies and masks the gap between rich and poor. I don't think there's ever been such a large disconnect between the GDP and what ordinary people are experiencing." (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

...organization that is working with the public sector and will continue to work in Haiti after all of the cameras and news media leave is Partners In Health, an NGO that has been operating in Haiti for 25 years delivering free medical care to the rural poor. Before the earthquake struck on Jan. 12, PIH had more than 100 doctors, 600 nurses, and 4,000 employees on the ground in Haiti working from 12 existing PIH medical facilities. It has since established field hospitals in Port-au-Prince, and supported 20 operating rooms in the country. It is organizations like...

Author: By Michael Henderson and Krishna Prabhu | Title: Harvard for Haiti | 1/29/2010 | See Source »

There is something I want to say, though, about the Crimson’s current hot streak. If the team is going to keep its momentum, it has to avoid reverting to the poor third period performance that plagued the early parts of the season...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Hockey’s History Of Hot And Cold | 1/28/2010 | See Source »

...practices that many believe were at the root of the financial crisis. Clawback provisions are at the heart of that effort. While companies have always had the right to sue employees for ill-gotten gains, more firms are adding provisions to reclaim pay not just for illegal behavior, but poor decisions. And they are expanding those provisions to more employees. A few months ago, Morgan Stanley extended its clawbacks to trades that end up being losers. Bank of America is planning to extend its clawback provision to its top executives. And Goldman Sachs recently said bonuses for its top executives...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...soon to tell if the increase in 2006 is the beginning of a trend or a blip, but any rise in pregnancy rates among those younger than 20 is a cause for concern - because the statistics surrounding teen mothers are so grim. Two-thirds of single moms are poor. Fewer than half of them finish high school. And only a tiny fraction (2%) of girls who are mothers before their 18th birthday will finish college before their 30th...

Author: /time Magazine | Title: New Data: Teen Pregnancy on the Rise, Abortions Too | 1/26/2010 | See Source »

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