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...earth; when Mount Pinatubo in the Philippines exploded in 1992, for instance, the SO2 sent into the atmosphere created a brief global cooling spell. Levitt and Dubner advocate pursuing this geoengineering scheme, which could potentially avert a hotter world for pennies on the dollar, compared with the long-term work of shifting to a low-carbon economy. (See pictures of the effects of global warming...

Author: /time Magazine | Title: Are the Freakonomics Folks Off Base on Global Warming? | 10/26/2009 | See Source »

...favor of researching geoengineering in order to gauge its effectiveness and its potential side effects, but he still believes it should only be used, if at all, as a measure of last resort. In the meantime, we must continue to work to reduce carbon emissions over the long-term...

Author: /time Magazine | Title: Are the Freakonomics Folks Off Base on Global Warming? | 10/26/2009 | See Source »

...just that. Some Indian economists criticize the government for spending too much on welfare programs, such as the job-guarantee scheme, and not enough on irrigation systems and other investments that could make farms more productive. "Giving a cow won't help a farmer long-term," says Paurnima Sawai, 42, a farmer in Takarakhede Shambhu village. "But money to build a dam is a long-term investment. For years, you get benefits from it." With only 40% of its farmland irrigated, India's entire economic boom is held hostage by the unpredictable monsoon. With much of India's farming areas...

Author: /time Magazine | Title: Back to the Land: The New Green Revolution | 10/26/2009 | See Source »

...Biden, who visited Georgia in August. A senior Obama Administration official, speaking on condition of anonymity, says that in private talks, Biden "spoke very candidly about the importance of acting on his promise to pursue political reforms." Saakashvili said he likes the new Administration. "I saw mostly second-term Bush," Saakashvili laments: the Bush that was too distracted to pay attention. President Obama has essentially the same policies, but now "it's much better implementation." (See pictures of Obama in Russia...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

...again to call for his resignation. But this time, Saakashvili was restrained. He let the protesters shut down the streets of the capital. Georgians grew tired of the inconvenience, and eventually everyone went home. Many opposition figures say they won't try to force him to resign before his term ends in 2013. Even Khidasheli, an ardent critic of the President, assured me, "We will not allow a revolution...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

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