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...Mankiw, a Harvard economist who chaired President George W. Bush's Council of Economic Advisers. "You're always keeping in mind the inherent uncertainty." The Bank of England is a big user of the fan chart when its economists talk about inflation forecasts. Plenty of U.S. agencies, like the Social Security Administration, use them...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...inside men's and women's heads to investigate whether those stereotypical gender differences have roots in the brain. No concrete results have emerged from these studies yet, but now a new functional magnetic resonance imaging (fMRI) study of children offers at least one explanation for some common tween social behaviors: girls are hardwired to care about one-on-one relationships with their BFFs (best friends forever), while the brains of boys are more attuned to group dynamics and competition with other boys. (See the top 10 medical breakthroughs...

Author: /time Magazine | Title: Why Girls Have BFFs and Boys Hang Out in Packs | 7/17/2009 | See Source »

...very athletic. It has a different feeling. It's never really captured or recorded. That's kind of fun and thrilling. Writing is slightly more fixed in time, but it's the most difficult. In terms of a preference, they appeal to me in different ways. Performing is so social, and writing is so solitary - you just don't know when someone will read it. I don't really have a preference. It's like comparing two different sports or two different kinds of food...

Author: /time Magazine | Title: Writer Jonathan Ames | 7/16/2009 | See Source »

...Nine out of 14 experts on the commission voted to ban the film, Deputy Culture Minister Tymofiy Kokhan, head of the commission, tells TIME. In their reports they noted that the film "contains artistically unjustified pictures of the sexual organs, homosexual acts, homosexual perversions, sadism and anti-social behavior that could damage citizens' moral health." Kokhan says he would have been inclined to allow the film to be released on DVD, but the majority vote took the decision out of his hands. (Beyond Brüno: See TIME's Summer Arts Preview...

Author: /time Magazine | Title: No Sex, Please: Ukraine Bans Brüno | 7/15/2009 | See Source »

...Ukraine's parliament has been on a moral crusade of late, banning gambling last month and, in the past few weeks, prohibiting the possession and production of pornography. Observers have expressed concern that such decisions are a sop to retrograde social forces that oppose liberalization and have the support of the generally conservative Ukrainians. With a presidential election scheduled for Jan. 17, politicians seem to be on the lookout for ways to give themselves a boost in the polls. "[They] are trying to make an impression on society by using the most extreme methods," says Taras Karasiychuk, director...

Author: /time Magazine | Title: No Sex, Please: Ukraine Bans Brüno | 7/15/2009 | See Source »

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