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...first names also say a great deal about the extent of privilege enjoyed by the people who picked those names for us, our parents. In the new paper, Kalist and Lee point out that previous research has shown that the name Allison is rarely given to girls whose mothers didn't finish high school but is frequently given to girls whose mothers have 17 years or more of schooling. On average, parents with less schooling are likelier to pick unpopular names for their kids. (See pictures of a diverse group of American teens...

Author: /time Magazine | Title: Can Your Name Make You a Criminal? | 1/29/2009 | See Source »

...expects remittances to keep falling in 2009, thanks in part to layoffs in the U.S. construction sector; Mexico's overall GDP is also expected to shrink. A January report from the Pew Hispanic Center showed that while the same percentage of Latino immigrants is sending money home as in previous years, the amount per person is dropping. An estimated 70% sent less money in 2008 than...

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

Michaels had been creating great business teams within a horizontal organizational setting for years. His colleagues were well aware that in previous positions at Mars he had moved brand teams [e.g., Snickers, M&Ms] and the Americas team to the high-performance, horizontal model. He had willingly given those teams more responsibility and power, so his new team knew he was coming from a place of respect for company values--and a solid track record of results. Past experience had taught Michaels that functional thinking and hidden agendas are classic behaviors exhibited by nonhigh-performing teams. More than a "burning...

Author: /time Magazine | Title: A Lesson Straight from Mars | 1/29/2009 | See Source »

...quiet times has a large staff and vast clout. He has already fallen into a steady routine, waking before sunrise at his northwest-Washington apartment, from which his wife Elisa New plans to commute to her job as an English professor at Harvard. (Each has three children from a previous marriage.) About 13 hours later, after meetings on a dizzying array of topics, he returns home to read reports from Congress or the Group of Thirty, an international body of economists, and call a network of peers who advise him. "I have aged, so I don't think I have...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...Last year, compensation for HMC’s president and top five officials summed to $26.8 million for the fiscal year ending June 30—a 20 percent increase from the previous year, but a marked drop from that of five years earlier...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Alumni Urge Lower Pay For HMC | 1/29/2009 | See Source »

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