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...well-paid American who gets ticketed for speeding in Finland faces a moral dilemma. Fines there are levied according to your income, net worth and number of dependents. The record so far: $71,400, charged to a Finnish Internet mogul clocked doing 43 m.p.h. in a 25 m.p.h. zone last October. Lowballing the officer is a serious crime, and if you're a Finn, that doesn't work very well: cops can check your income and assets by calling a national database with their Nokia cell phone. They cannot, however, check the finances of foreigners, who are left to wrestle...

Author: /time Magazine | Title: Global Briefing: May 7, 2001 | 5/7/2001 | See Source »

...Barnett: We know what works for kids, what's good for them: Well-paid, well-trained teachers in a stimulating and educational environment. But we're unwilling to invest in developing that kind of system...

Author: /time Magazine | Title: Do Preschools and Nannies Turn Kids Into Bullies? | 4/19/2001 | See Source »

Certainly, Zhu, a well-paid interior decorator, lives it up as much as any self-respecting Chinese businessman. She's juggling two lovers at the moment, lavishing them with designer Italian suits, fancy Cantonese meals and portable CD players. Usually she keeps them hooked with such tokens, but occasionally she'll pay straight cash for a night of pleasure. "I know my husband does the same thing when he's traveling on business," she says...

Author: /time Magazine | Title: He Works Hard for the Money | 3/19/2001 | See Source »

Currently, members of Congress are assaulted every day by well-paid lobbyists representing multi-national corporations and the wealthy who demand tax breaks and favors for the powerful special interests in our country that need it the least. On the other hand, I and my Congressional colleagues hear almost nothing from college and graduate students and their parents who incur tens of thousands of dollars in educational debt...

Author: By Bernie Sanders, | Title: Paying More Than Lip Service | 1/10/2001 | See Source »

There's one new economy rule that is turning out not to be true: the much hyped contention that the tech revolution has permanently repealed the business cycle. You've heard the argument. New technology would raise productivity. Higher productivity would raise workers' income without fueling inflation. Well-paid workers would buy more, leading to more production. It was going to be a virtuous cycle that spun only upward. Well, it just hasn't worked that way. "The biggest surprise," says economist Roach, "is that the business cycle is back--New Economy...

Author: /time Magazine | Title: Economic Slowdown: This Time It's Different | 1/8/2001 | See Source »

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