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That may sound like a cop-out. At least until you consider how many other economic forecasters got it wrong. Dozens of states have found themselves with budget shortfalls, some quite massive, partly because economists weren't ratcheting down expectations of tax revenue nearly fast enough. In late November, the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters indicated GDP would decline at an annual pace of 1.1% for the first three months of 2009. The economy proceeded to shrink at a pace of 5.5%. (See what to expect when the recession ends...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...that most of the media is still in a "post-9/11 swoon" and doesn't cover the department with any teeth. It really happened even earlier, with the age of Giuliani and his turnaround of the crime situation. People were so afraid of getting on the wrong side of him that there was very little critical coverage at the time, so it all came out in the coverage of Louima and Diallo, which are two of the most horrific incidents that occurred. [Abner Louima is a Haitian immigrant who was brutally assaulted by a police officer in a Brooklyn...

Author: /time Magazine | Title: The Hidden Side of the NYPD | 7/17/2009 | See Source »

There's a surprising amount of vindictiveness within the department. Just one example: officers are given "highway therapy" - assignments extremely far from their homes - as punishment for angering the wrong people. Is that sort of thing particular to the NYPD? I think it's policing in general. It's very vindictive and retaliatory...

Author: /time Magazine | Title: The Hidden Side of the NYPD | 7/17/2009 | See Source »

Supreme Court confirmation hearings are often dismissed as a kind of ritualized theater that reveals little about the judicial philosophy of nominees. But this stereotype is frequently wrong. From David Souter to John Roberts, many nominees have tended to reveal more of themselves than they expect...

Author: /time Magazine | Title: What's Wrong with Judges Legislating from the Bench? | 7/16/2009 | See Source »

...mistrust," Estemirova said in 2007, as she accepted HRW's Human Rights Defender Award. "Those who witness abuse keep silent, for if they speak, they can soon become a victim. Can you imagine living each day wondering who might turn you in to the government for saying the wrong thing...

Author: /time Magazine | Title: Killings of Russia's Human-Rights Activists Continue | 7/16/2009 | See Source »

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