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...original Trabi was intended to be East Germany's answer to the Volkswagen Beetle, the symbol of West Germany's economic miracle and rise after World War II. But the Trabi was more a mockery. It had a plastic body and was driven by a two-stroke engine that ran on a cocktail of oil and gasoline that emitted a putrid stench as it rolled with a characteristic clackety-clack along East German roads. (Read about the Beetle in TIME's most important cars of all time...

Author: /time Magazine | Title: Is the Trabi, East Germany's Clunker, On the Comeback? | 8/25/2009 | See Source »

...buildings spread across 6.91 acres of Harvard-owned property about a half-mile away on Western Avenue at the Brighton Mills shopping center. The new plans -- proposed in July by non-profit developers Charlesview Inc. and The Community Builders -- would instead have more than double that number of low-rise buildings on 8.65 acres that include the additional land from Harvard...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Residents Clash Over Revised Charlesview Relocation | 8/25/2009 | See Source »

...been to a mall lately, since their tables allow about $60 a month for kids' shoes and clothes. It is true that globalization has driven apparel prices down over the years, but if you have daughters, you confront the annual phenomenon whereby the clothes shrink as the prices rise, leaving you wildly grateful for a school dress code requiring that shoulders and navels be covered. (See pictures of a diverse group of American teens...

Author: /time Magazine | Title: Raising a Child Costs Some $221,000, Before College | 8/24/2009 | See Source »

...Florida Tensions Rise over Health Care In the ongoing debate over health-care reform, critics have fixated on the bogus suggestion that "death panels" could deny end-of-life care to ailing seniors. The contention, voiced by Republicans like Sarah Palin, sparked a series of skirmishes at town halls around the country. Defending his proposals in New Hampshire, President Obama denounced the claim as a "scare tactic...

Author: /time Magazine | Title: The World | 8/24/2009 | See Source »

...into the strange modern methods of making money from making markets in stocks. Madoff's version of it was actually outdated by the time he explained it to me. With the government-ordered advent of decimalization in 2000 (stocks were previously traded in eighths of a dollar) and the rise of nimble competitors, the big spreads that Madoff Securities once feasted on were already a thing of the past...

Author: /time Magazine | Title: Bernie Madoff's Other Legacy | 8/24/2009 | See Source »

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