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...economist John Maynard Keynes, who drafted much of the plan, called it "the exact opposite of the gold standard," saying the negotiated monetary system would be whatever the controlling nations wished to make of it. Keynes had even gone so far as to propose a single, global currency that wouldn't be tied to either gold or politics. (He lost that argument...

Author: /time Magazine | Title: Bretton Woods System | 10/21/2008 | See Source »

...consumers buy iPhones or Blackberrys with an eye toward energy efficiency, and most wouldn't know where to begin recycling a used laptop. But that's beginning to change, thanks largely to initiatives coming from within the consumer electronics industry itself - with a significant push from environmentalists. A new report by the Consumer Electronics Association (CEA) found that the industry's top performers managed to reduce electricity use 5% to 25% per $1 million in revenue over the past three or four years. Other companies within the industry are managing to reduce their carbon emissions per million dollars of revenue...

Author: /time Magazine | Title: The Greening of Consumer Electronics | 10/21/2008 | See Source »

...years CEOs and other managers have been receiving huge bonuses and severance payouts, even if they did a bad job (and they did, as the present situation shows). Wouldn't it be better to give them shares of their own company instead? And no money. This way, if they do a good job, they get the gain on the shares. And if they don't, too bad, let them suffer. Veronique Braem, STERREBEEK, BELGIUM...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

That's an extreme but not isolated case. Those boys probably wouldn't have paid much attention even if the drinks' labels did include caffeine content, but the rest of us should be able to calibrate our addictions with more information...

Author: /time Magazine | Title: Hey! Who Put the Caffeine in My Soap? | 10/20/2008 | See Source »

...Left, was assassinated by pro-Franco Falangists in 1936, that law doesn't go far enough. "The political branch of the government is still refusing to publicly recognize the victims of the repression," he says. "And still refusing to punish the perpetrators. If the law had been better, we wouldn't have had to go to court...

Author: /time Magazine | Title: At Last, Spain Faces Up to Franco's Guilt | 10/17/2008 | See Source »

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