Word: rightness
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...billion spent annually on holiday gifts, says Professor Joel Waldfogel of the Wharton School. Waldfogel, the author of Scroogenomics: Why You Shouldn't Buy Presents for the Holidays, insists his theory is solid economics, not bah, humbug. "As an institution for 'allocating resources' (getting stuff to the right people), holiday giving is a complete loser." If you spend $50 on yourself, he explains, you'll get something worth $50 to you. But if your Aunt Bernice buys you a $50 Christmas gift, she's likely to buy something that's worth nothing to you. In economic terms, that...
...Harper; 386 pages), her third memoir, picks up right where Cherry left off, and it stands as a testament to the impossibility of shrugging off your own beginnings. Karr's childhood catches up with her, turning her into a self-doubting, raging alcoholic incapable of a healthy partnership with her über-WASP husband Warren Whitbread (not his real name). Thankfully, Lit also details the ways she went from suicidal to sober, got divorced and got published...
While the original stimulus bill provided much-needed relief for a staggering economy, Obama is right to assert that we must ânot let up in our efforts to take every responsible action to get the economy growing.â These proposals represent exactly the sort of responsible spending needed to bring back economic prosperity...
Well, we sure hope you're right, Larry. Because some of us would love to have a job when we graduate...
...command enough respect from the various factions to hold the military together, then he may emerge as the new leader. Crisis Group, a Brussels-based watchdog that closely follows the situation in Guinea, believes that's a real possibility. But Guinea's opposition is skeptical of his chances. "Right now, there is no government in Guinea," says a prominent politician by telephone from Conakry. "There is no discipline within the army at all." He calls for an international peacekeeping force to protect civilians from the military power struggle. (See the top 10 underreported stories...