Word: system
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...poor reception? For a tax that's attracted high-profile backers like Brown and Sarkozy, its track record is thin. When Tobin first proposed the idea in 1972, it was seen as a way to stop currency speculators after the collapse of the Bretton Woods system of fixed exchange rates, but it was never imposed. Sweden enacted a tax on certain financial transactions in the 1980s but ditched it in 1991 after trading volumes sank. (See pictures of President Sarkozy in London...
...best information about the planet's climatic history from ancient air trapped in polar ice, says Greg Delory of the Space Sciences Laboratory at the University of California, Berkeley. Similarly, the lunar poles are record keepers of conditions over long periods. They are the dusty attic of the solar system, says Michael Wargo, chief lunar scientist at NASA headquarters...
...moon's ice might have come from comet impacts, which would date it back to the earliest days of our solar system; that ice would hold a record of the cosmic chemistry of those formative times. But the ice could have also been formed by particles streaming from the sun, which gradually combined with lunar minerals to form water, then ice. Or it might have come from Earth, perhaps in the gigantic collision that created the moon in the first place. Whatever its origins, says Delory, the prospect of studying it is really exciting...
...number of elderly Americans will soar from 38.6 million in 2007 to 71.5 million in 2030. But, says Arnold Eppel, who recently retired as head of the department of aging in Baltimore County, Maryland, "There won't be enough spots for them" in the country's overwhelmed nursing-home system. Appreciating the magnitude of the coming crisis, the U.S. government has begun to respond. Two new initiatives - Nursing Home Diversion and Money Follows the Person - expand subsidies for home elder care, and the Veterans Health Administration has just put in effect its own similar initiative. "The whole trend will...
...benefits that balance the financial hardship: grandparents tutor young children while Mom and Dad work; they acculturate the youngest generation to the values of family and nation; they provide a sense of cultural continuity that helps bind a society. China needs to make obvious changes to its elder-care system as it becomes a wealthier society, but as millions of U.S. families make the brutal decision about whether to send aging parents into nursing homes, a bigger dose of the Chinese ethos may well be returning to America...