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...really make sure money stays in the community is through creating a local currency. Christian Gelleri, a former Waldorf high school teacher in the Lake Chiem area in Germany, has launched a regional currency, the Chiemgauer, equivalent in value to the Euro. According to Gelleri, the Chiemgauer, accepted at more than 600 businesses in the region and with about $3,000,000 Euros worth in circulation, has three times the velocity of the Euro, circling through the economy an average of 18 times a year as opposed to 6. One reason for the fast turnaround is that the Chiemgauer...

Author: /time Magazine | Title: Buying Local: How It Boosts the Economy | 6/11/2009 | See Source »

...Raheleh Rahim, 27, an architect rushing toward the event dressed in white (in contrast to the black chador preferred by many conservative women) and a lot of makeup, told TIME, "[Ahmadinejad] has raised my retired grandmother's pension - she was a teacher - as well as my mother's salary - she is a nurse. These are the things that really matter." Mousavi supporters, she said, "keep talking about freedom - I have all the freedom I need in this country...

Author: /time Magazine | Title: Ahead of Iran Election, President's Rivals Gain Hope | 6/11/2009 | See Source »

Paul is a 45-year-old teacher who tore his Achilles in a basketball game two weeks earlier. The first orthopedist he saw went into a long talk about risks and benefits and scared him out of his wits. With a torn Achilles tendon, there are just two things to do: either sew it up (which means doing a small operation) or put a cast on with the foot flexed down. The cast treatment isn't as good - it won't restore normal power - but there are none of the risks of surgery (like scarring and infection). So he demanded...

Author: /time Magazine | Title: Fixing Health Care: When Patients Don't Know Best | 6/5/2009 | See Source »

...knew that...there would be controversy but felt obliged to do what he thought was right and what was true.” Kennedy School Professor Graham T. Allison Jr. ’62 called Huntington “an outstanding teacher, a great thinker, and a valued colleague” who had the “rare capacity” for larger insights into overarching themes. “Not just big insights but grasp of truths that have legs,” Allison added in his e-mailed statement. “Among political scientists, or indeed...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Samuel P. Huntington | 6/4/2009 | See Source »

...Palestinian territories, Obama's speech was watched more avidly. Broadcast on Gulf, Egyptian and Jordanian satellite-TV channels, Palestinians in coffee houses and restaurants were riveted by Obama's words. Fouad, a teacher, says, "I was emotionally moved by Obama's delivery. I loved his grasp of Islamic history." A Bethlehem mother, Raheeda Hamad, says she approved of Obama's message of a global partnership and of the necessity for equal education for women. At Nablus University, political scientist and Islamic scholar Abdul Sattar Qasim says, "His speech was very close to the heart. He has a way of speaking...

Author: /time Magazine | Title: Speech Stirs Mixed Feelings in Holy Land | 6/4/2009 | See Source »

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