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...Whatever the explanation - caution, confusion, failure to communicate - the upshot is that the straight business press has left a vacuum in explaining the consequences to the public. And that vacuum has been filled by professional gabbers like Glenn Beck and James Cramer, both of whom were predicting a possible Great Depression yesterday. They might well be right, but we've heard them get so excited about so much for so long, who can possibly know? The vacuum has also been filled by political columnists and pundits, some of whom (like Paul Krugman) actually know a lot about the subject...

Author: /time Magazine | Title: Is the Media to Blame for the Bailout Bust? | 9/30/2008 | See Source »

...Hulme and Kevin Buehler and senior risk expert Andrew Freeman argue in the Harvard Business Review this month that "a growing emphasis on mathematical modeling has rendered much of the risk-management debate and research incomprehensible to those outside the finance function and the financial services industry." The upshot, they say, is that corporate managers who aren't already experts at risk aren't prepared to factor it into their decisions...

Author: /time Magazine | Title: Will Business Schools Learn from Wall Street's Crisis? | 9/21/2008 | See Source »

...pivotal moment in Huckleberry Finn is when Huck decides not to do what his conscience tells him is right, to turn in "Miss Watson's Jim" as a runaway slave. Instead, he decides to abide by his personal affection for Jim, although the upshot will be, according to all he has been taught, eternal damnation for violating the norms of society and its view that a slave is the rightful property of its owner...

Author: /time Magazine | Title: Mark Twain: Our Original Superstar | 7/3/2008 | See Source »

...likely upshot of banning plastic is an increase in the use of paper bags, which cost more energy to produce and take up more space than plastic. Supposedly, paper is better anyway, because it has a higher recycling rate than plastic—around 20 percent versus a rather dismal one percent. But the comparison is not entirely apt: The country currently uses only 7 billion paper sacks per year, compared to 100 billion plastic bags. And paper has an organic, green image, making its users more likely to be the recycling type. When the average consumer, no more...

Author: By Juliet S. Samuel | Title: Unsustainable Environmentalism | 4/16/2008 | See Source »

...upshot of the election appears to have been a reaffirmation of the status quo."The election results are nothing but a continuation of the conditions that had been created, including the disqualifications. We knew even before the elections were held that about 60% of the seats would go to the conservatives," commented Mohammad Atrianfar, an advisor to technocratic forces around the likes of former President Akbar Rafsanjani. "But the situation speaks for itself," he added, pointing to the fact that the Tehran candidate with the highest votes, current Majles Speaker Gholam-Ali Haddad-Adel, still received a million votes less...

Author: /time Magazine | Title: What Iran's Poll Results Mean | 3/16/2008 | See Source »

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