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...Hick, took office in July 2003, he inherited a $70 million budget deficit, the worst in city history. He eliminated the shortfall without major service cuts or layoffs, convincing city employees that they should accept less pay and instituting mandatory leave days (he slashed his salary 25%). Bucking the wisdom that you don't take on city-hall unions, he pushed for an incentive-based compensation system for public employees, which voters approved in 2003. And in his biggest score, he won approval for a $4.7 billion mass-transit plan, which involved persuading voters, along with about a dozen mayors...

Author: /time Magazine | Title: Able Amateur | 4/18/2005 | See Source »

Conventional wisdom dictates that one person cannot make a difference. Bob Geldof has gloriously proved otherwise. Katie McNamara Redford, Mich. Beyond the Melting...

Author: /time Magazine | Title: Letters: Aug. 12, 1985 | 4/18/2005 | See Source »

...first blush, this assertion seems to drop conventional wisdom on its head. Everyone knows that the novel is literature's great grab bag, shapeless enough to accommodate nearly everything a writer wants to cram into it. Short stories allow little wasted motion. But Narayan, 78, turns out to be a perfectly accurate commentator on his own methods. Under the Banyan Tree and Other Stories, while shorter than most novels, is a riotous mosaic of small details in which nothing, finally, seems irrelevant...

Author: /time Magazine | Title: Books: Miniatures UNDER THE BANYAN TREE AND OTHER STORIES | 4/18/2005 | See Source »

...Andres study not only challenges the conventional wisdom, it says that men and women of the same height should weigh roughly the same. This relaxed attitude toward weight gain does not find favor with the medical establishment. The American Heart Association has stated that it finds even the 1983 Metropolitan Life table too lenient. Obesity researchers at the National Institutes of Health say that weights 20% higher than the Metropolitan midpoints are hazardous. Says Dr. Robert F. Kushner, assistant professor of medicine at the University of Chicago: "We don't have anything to gain health-wise by allowing elderly patients...

Author: /time Magazine | Title: Girth Control: Debate over age and weight | 4/18/2005 | See Source »

...frothy market, the media are feeding the euphoria. TV viewers are treated to a regular CNBC program called Wizards of Dalal Street, showcasing the wisdom of local investment gurus. Another channel, NDTV Profit, offers a rival show called Big Fish (not to mention Sensex and the City). Indian business publications pile on with intoxicating headlines like THESE IPOS CAN MAKE YOU A SUPERSTAR INVESTOR...

Author: /time Magazine | Title: Investing: India Bubble? | 4/17/2005 | See Source »

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