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...substituting his judgment, or the government's, for the market's. Instead, he sees information and innovation as the counter to group think. An active market in house-price futures and options--Shiller has recently helped launch such securities on the Chicago Mercantile Exchange--would let skeptical speculators prick housing bubbles, he argues. If banks wrote continuous-workout mortgages--in which the terms changed depending on house prices, unemployment and the like--homeowners might be less addicted to rising prices. If government subsidized financial advice for the nonrich, salespeople angling for commissions might be less influential...

Author: /time Magazine | Title: Crash Master | 9/4/2008 | See Source »

...Over the years, the Radcliffe Institute has done very little to debate feminism,” he said. “They refuse to host conservative women. I’m trying to prick Harvard’s political correctness. It’s as if I have no other goal in life...

Author: By Maxwell L. Child, CRIMSON STAFF WRITER | Title: Mansfield 'Pricks' P.C. Harvard | 4/11/2008 | See Source »

...condition were similar in both groups. In general, about 10% of the children had ever suffered wheezing in their lives, though less than 1.5% had had full-blown asthma. Roughly 3% to 5% had had hay fever, and about 1% had suffered bouts of eczema. Researchers also performed skin-prick tests on the children; again, there was no significant difference between incidence of allergy - to dust mites, cats, pollen, grass and Alternaria, a common fungus - between the groups. In the breast-fed group, about 9% were allergic to pollen and Alternaria, 12% to cats and grass and 15% to dust...

Author: /time Magazine | Title: What Breast-Feeding Can't Do | 9/11/2007 | See Source »

...West resents Russia's growing clout. One such official told Time he saw Britain's expulsion of the Russian diplomats as part of an "anti-Russian campaign" backed by the U.S. "The West is pissed off we won the 2014 [winter] Olympics, so they sought a way to prick us," he said. Andrei Kokoshin, a pro-Putin member of the Duma, dismissed the British action as "a political novice [and new Prime Minister] Gordon Brown trying to win points." Speaking to state-run TV station Vesti 24, Kokoshin added, "Should it go further, British business stands to lose much more...

Author: /time Magazine | Title: Stranger Than Fiction | 7/19/2007 | See Source »

...family after him. Consigliere Silvio (Steven Van Zandt) proved unsuited to lead; protg Christopher (Michael Imperioli) is off making his low-budget Mafia-slasher movie, with a pseudo-Tony played by Daniel Baldwin. ("Imitation's a form of flattery," Tony says with a shrug. "He's a tough prick, that Baldwin...

Author: /time Magazine | Title: Television: The End of the Soprano Administration | 3/29/2007 | See Source »

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