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...stimulating so rapidly, it was getting out of control, and that speculation, particularly in real estate, was going to be a real problem. But the latest data suggests just the opposite. While the bears are talking bubble, the new numbers show that industrial production slowed in the most recent month, and also that the volume of new loans made in July was down pretty dramatically. That's good news. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

Starting with expensive procedures like CAT scans. The clearer and more comprehensive x-ray imaging known as computerized tomography (CT) is certainly one of the most valuable recent advances in medical technology. But doctors are gorging on it: the number of CAT scans performed in the U.S. each year has leapt more than 200% in the past decade, and a third of them are likely unnecessary, according to the New England Journal of Medicine. The overuse is acute in cities like Miami because doctors and hospitals feel they have to justify the glut of CT machines and related personnel they...

Author: /time Magazine | Title: The Case of the $12,000 Kidney Stone | 8/13/2009 | See Source »

...extremely low marks for Latinos, on the other hand, are of more recent vintage. Immigrants from south of the border may never have enjoyed the same cultural cachet as, say, those from France or England, but the cratering of their numbers is almost surely the result of more than two years of campaign-trail rhetoric and cable fulminations on the issue of illegal Mexican immigrants. "I can't say for certain how the data would have been different in the pre-Lou Dobbs or Glenn Beck era," says Timberlake, "but it seems we're seeing the reflection of the general...

Author: /time Magazine | Title: Stereotypes Persist Even Where Immigrants Don't | 8/12/2009 | See Source »

Certainly the concept of mobile food-vending has long existed without the benefit of architectspeak. Mexican taco trucks have been part of the L.A. landscape for decades. And in recent years, other local food vendors have taken the humble truck concept gourmet. There is the venerated Kogi truck, which dispenses Korean-Mex tacos and makes ample use of Twitter to advertise its location. And other vans, purveying everything from shave ice to Vietnamese sandwiches, have also mushroomed - all despite a controversial citywide edict, put into effect last spring, that requires them to move at least every 30 minutes...

Author: /time Magazine | Title: A Cool Way to Make Architecture Pay: Ice Cream! | 8/12/2009 | See Source »

...recent months, prisoners have been sentenced to hard labor all over the world, including in Palestine (for collaborating with Israel) and Gambia (for criticizing the President). When President Bill Clinton recently negotiated a pardon for two Current TV journalists who crossed the border into North Korea, he spared them an ordeal many don't survive. The Hermit Kingdom's prison camps, which experts say contain up to 200,000 inhabitants, are considered among the world's worst, replete with grueling physical labor, paltry rations and a lack of medical attention. Analysts estimate half of all prisoners do not survive...

Author: /time Magazine | Title: Is Hard Labor Really That Bad? | 8/12/2009 | See Source »

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