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...ecosystem services would be charged, while those whose land produces services could be paid. Economic incentives can encourage people to preserve natural assets. For example, in Costa Rica U.S. pharmaceutical companies are paying landowners to conserve their properties - essentially maintaining a genetic laboratory in an area with great natural wealth. (About half of manufactured drugs derive from materials found in nature.) "Costa Rica has been a laboratory in strategies for making money while saving the environment," says Barbier...

Author: /time Magazine | Title: Should We Put A Dollar Value On Nature? | 3/6/2010 | See Source »

...This trend extends beyond Twitter or Facebook—The New York Times website is also updated before the next issue is in print. But this bulk of information, instead of providing us with a more holistic view of the world, is really just allowing us to misinterpret the wealth of information we have access to. It is firing too much at us, too fast. It’s very hard not to choke if you’re drinking from a fire hose...

Author: By Shaomin C. Chew | Title: The Ease of Misinterpretation | 3/4/2010 | See Source »

...YONG IL, Prime Minister of North Korea, reportedly apologizing for a decision to revalue the nation's currency in November, which in turn wiped out much private wealth...

Author: /time Magazine | Title: Verbatim | 3/1/2010 | See Source »

...misleading; do kids really know what it means to be liberal? The GSS data are instructive here: Kanazawa found that more-intelligent GSS respondents (as measured by a quick but highly reliable synonym test) were less likely to agree that the government has a responsibility to reduce income and wealth differences. In other words, intelligent people might like to portray themselves as liberal. But in the end, they know that it's good to be the king...

Author: /time Magazine | Title: Study: Are Liberals Smarter Than Conservatives? | 2/26/2010 | See Source »

...family members and others as nominees and transferring shares in an intricate web of deals through offshore companies in the British Virgin Islands and other tax havens. Thaksin sold Shin Corporation to Temasek Holdings of Singapore in early 2006 for $1.9 billion. The court called that money "ill-gotten wealth." Thaksin claims that all of his assets were earned before he became Prime Minister. (See more photos of protests...

Author: /time Magazine | Title: Thailand's Ousted Leader: A Billionaire No More | 2/26/2010 | See Source »

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