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...take the ones I can afford and then trust in the Lord.' ROBERT BROWN, a 60-year-old North Carolina native who suffers from heart disease and emphysema, on coping with the rising cost of prescription drugs...

Author: /time Magazine | Title: Verbatim | 6/22/2009 | See Source »

...million. But should you live through one - possibly as a gesture toward cosmic compensation - your shot at a book deal goes way up. There are two new memoirs out by survivors of plane crashes: Ollestad's Crazy for the Storm (Ecco; 272 pages) and Robert Sabbag's Down Around Midnight (Viking; 214 pages). Starbucks has picked Ollestad's memoir for its book program, and you can see why: plane crashes are usually unknowable, secret events. We may never find the black box from Air France Flight 447, lost off the coast of Brazil on June 1. But from these crashes...

Author: /time Magazine | Title: Crash Course | 6/22/2009 | See Source »

Thanks for Joe Klein's "Gates Unbound," on Secretary Robert Gates [June 8]. Finally, someone who is putting the troops first. Jack Quartaroli, SACRAMENTO, CALIF...

Author: /time Magazine | Title: Inbox | 6/22/2009 | See Source »

...scholars, many with roots at Samuelson's MIT, to start pointing out the problems. Samuelson protégé Joseph Stiglitz showed that a perfectly efficient market was impossible, because in such a market, nobody would have any incentive to gather the information needed to make markets efficient. Another Samuelson student, Robert Shiller, documented that stock prices jumped around a lot more than corporate fundamentals did. Samuelson's nephew Lawrence Summers demonstrated that it was impossible (without a thousand years of data) to tell a rationally random market from an irrational...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...Meanwhile, interceptor missiles in Alaska "are clearly in a position to take action" if Hawaii is threatened, Defense Secretary Robert Gates said on June 18. "We do have some concerns, if they were to launch a missile to the west in the direction of Hawaii," he added. "We are in a good position, should it become necessary, to protect Americans and American territory." If a North Korean shot somehow draws close, Marine General James Cartwright, vice chairman of the Joint Chiefs of Staff, said on June 16 that he felt "very comfortable," predicting that existing U.S. missile defenses have...

Author: /time Magazine | Title: The North Korean Showdown Ratchets Up | 6/22/2009 | See Source »

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