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...mother of two of Jackson's children, said in a statement that she had changed her mind and would be absent since she felt her appearance would be "an unnecessary distraction." Another Jackson fixture - longtime friend Dame Elizabeth Taylor - took to her Twitter page on Monday to announce a similar sentiment. "I cannot be part of the public whoopla," Taylor said. "I just don't believe Michael would want me to share my grief with millions of others. How I feel is between us. Not a public event." On Monday night, Jackson family members, including his sister Janet, and close...

Author: /time Magazine | Title: L.A. Gears Up for Star-Studded Michael Jackson Memorial | 7/7/2009 | See Source »

...look at it this way: the WNBA is 13 years young. I think eventually women will get to that point, maybe in my daughter's generation, where their salaries will be similar to men's. But we're still starting off, like, where the NBA was back in the 1950s. (See pictures of Parker's career...

Author: /time Magazine | Title: 10 Questions for Candace Parker | 7/6/2009 | See Source »

...toward an approach based not so much on discretion as on rules, the simpler the better. I first encountered this argument last fall in the work of left-leaning blogger Matthew Yglesias--he advocated "crude measures" like the old ban on interstate banking. Lately, though, I've been hearing similar suggestions from those of a conservative, University of Chicago bent. "When you give a lot of discretion to regulators, they don't use the tools that are given to them," Chicago economist Gary Becker said at a conference this spring. His prescription: rules, not leeway...

Author: /time Magazine | Title: Dumbing Down Regulation: The Quest For Simpler Rules | 7/6/2009 | See Source »

Still, overhauling the current health-payment system has other pitfalls. Back in 1983, Medicare initiated a similar plan, bundling payments for hospital stays, but the program acquired the unfortunate label "quicker but sicker." Since hospitals were paid a certain amount of money for each patient no matter how long they stayed, many patients were discharged sooner than was prudent, which transferred the burden of care onto nursing homes and created a "mini-industry of readmissions," according to Gail Wilensky, a former head of Medicare. "Redesigning the reimbursement system is not for the faint of heart," says Wilensky. "This...

Author: /time Magazine | Title: Cutting Health-Care Costs by Putting Doctors on a Budget | 7/6/2009 | See Source »

...communist Southeast Asia and if such an occurrence would really have posed a grave threat to the West. "It seems beyond understanding, incredible, that we did not force ourselves to confront such issues head-on," he wrote. He said he wanted to help prevent the country from making similar mistakes in the future and that he fretted that just as Washington misperceived Vietnam a generation ago, it remained in danger of making a similar mistake. "We ought to learn the history of the Muslim religion," he told TIME in 1995. "Most Americans don't know the difference between the Sunnis...

Author: /time Magazine | Title: Robert McNamara Dies: No Escape from Vietnam | 7/6/2009 | See Source »

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