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...Analysts such as Aboulafia see a future that favors Boeing's smaller, all-composite 787 (assuming it ever gets built). Airbus is already developing a new not-so-jumbo jet, the A350, for that purpose. But Air France CEO Pierre-Henri Gourgeon is sticking by his hub strategy. The skies are getting crowded, and he'd rather have the A380 to collect passengers in Paris from all over Europe and deliver them to places like New York and Johannesburg. "It's just like the big cities today," he says. "It doesn't make sense to add a lot of small...

Author: /time Magazine | Title: Can the A380 Bring the Party Back to the Skies? | 11/23/2009 | See Source »

Whatever you make of the psychology of happiness, we know something of its physics. It rises as it ricochets off other people, returning to us stronger by virtue of being released. It gets bigger when we don't care if it gets smaller; we stopped buying all the stuff we didn't need that was supposed to make us happier, and we seem to be happier for it. And who would have expected that...

Author: /time Magazine | Title: Happiness Paradox: Why Are Americans So Cheery? | 11/23/2009 | See Source »

...plainly good. We expect to live well into our 80s because medicine keeps getting better. Many more high school students expect to go to college. In 1973, 47% of recent high school graduates attended college; last year 69% of new graduates enrolled. We expect our gadgets to get smaller and smarter, cooler and cheaper, because technology evolves exponentially, and at light speed. (See how to plan for retirement...

Author: /time Magazine | Title: Happiness Paradox: Why Are Americans So Cheery? | 11/23/2009 | See Source »

...Washington and the states have been trying to get stimulus money and projects out the door as quickly as possible, often bundling smaller projects into larger ones set to begin work immediately (so-called shovel-ready projects) for more efficiency. Consequently, they have also tended to rely on larger and therefore predominantly white-owned construction contractors (who in turn also tend to use their preferred subcontractors) over smaller minority-owned firms that often don't have ample equipment or personnel. Those smaller companies also have trouble finding the resources to post construction bonds (money contractors must offer up front...

Author: /time Magazine | Title: Are Minorities Being Fleeced by the Stimulus? | 11/23/2009 | See Source »

...committed to the NATO mission, but are trading blows over the treatment of troops and future defense investment plans. The Liberal Democrat leader Nick Clegg suggested in an article this summer that troops' "lives are being thrown away because our politicians won't get their act together," while two smaller parties, the Greens and the far-right British National Party, are demanding the immediate withdrawal of British troops. (See pictures of Afghanistan's dangerous Korengal Valley...

Author: /time Magazine | Title: British Support for Afghan War Fades | 11/19/2009 | See Source »

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