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Perhaps it will. But it also evokes an economic negative: South Florida's incorrigible reliance on low-wage industries like tourism. It has exacerbated the effects of the recession here - and it has led to a widening, Third World-style gap between rich and poor. The average wage in Miami...

Author: /time Magazine | Title: Will a Glamorous Hotel Resurrect Miami? | 11/15/2008 | See Source »

But how do you get beyond that besides widening your margins of risk?Eliminating leverage. If you don't have leverage, you don't have that problem. We have a faulty risk management system that underestimated probabilities while giving people the illusion of understanding them. It gave people the illusion...

Author: /time Magazine | Title: Nassim Nicholas Taleb | 10/24/2008 | See Source »

Autumn is not just the season of mists and mellow fruitfulness, as Keats wrote, but also the widening of the class divide. For it brings the start of school, an institution that, particularly in crowded global cities like London, efficiently sorts kids by socioeconomic class. A 2004 study of British...

Author: /time Magazine | Title: Stuck in Class | 10/21/2008 | See Source »

Widening Your Prayer Calm can act as a springboard to the most expansive kind of prayer. Yancey uses the model of Jesus, who prayed in the garden Gethsemane immediately before his trial and crucifixion. He notes that Jesus' first statement is "Let this cup pass from me." Observes Yancey: "He...

Author: /time Magazine | Title: Is It OK to Pray for Your 401(k)? | 10/14/2008 | See Source »

Given a choice, the Alawites would be happy to skirt the 21st century, satisfied with ruling a Third World backwater. But geography won't allow it. Syria is at the center of the Arab-Israeli conflict, in which Syria has no choice but take sides. Since the Alawites cannot settle...

Author: /time Magazine | Title: Why Syria Will Keep Provoking Israel | 10/3/2008 | See Source »

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