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...protecting workers; in 1923, the Supreme Court had struck down a Washington, D.C., minimum-wage law, finding it impeded a worker's right to set his own price for his labor. The first federal minimum-wage law, the Fair Labor Standards Act, passed in 1938, with a 25-cent-per-hour wage floor and a 44-hour workweek ceiling for most employees. (It also banned child labor.) Outside of Social Security, said Roosevelt, the law was "the most far-sighted program for the benefit of workers ever adopted." Wages must ensure a "minimum standard of living necessary for health, efficiency...

Author: /time Magazine | Title: The Minimum Wage | 7/24/2009 | See Source »

...beyond belief, to the point where they weren't really thinking about what their day-to-day activities meant. They design to price: they set the price first and then do what they need to do to keep the price where it is. So whether it's a 50-cent coffee mug or a $100 table, they do what they need to do to keep the price at that point. So if that means buying wood from eastern Russia, with its questionable timbering practices, hauling it over the border to China, with its questionable labor practices, to produce furniture...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...Tanzanian teaching partners, mostly university students, all have songs from 50 Cent and Ne-Yo on their cell phones. They count down the days until films like Angels and Demons are released at the theater in Arusha. One of the guys carries a not-so-secret torch for Hannah Montana. I never would have expected to be singing along with an Avril Lavigne song while bumping down an African highway, but these little things make up a common language that reaches even to the furthest corners of the world...

Author: By Kate Leist | Title: (Some) News Travels | 6/29/2009 | See Source »

When tattoo artist Brandon Bond heard about a new tattoo ink that could be removed with a single laser treatment, he wasn't just skeptical - he was ticked off. The Atlanta-based designer considers the work he has inked on everyone from rapper 50 Cent to champion boxer Floyd Mayweather, Jr. to be pieces of art, almost sacred, so marketing them as disposable was nothing short of an insult...

Author: /time Magazine | Title: Hate That Tattoo? Making Them Easier to Remove | 6/1/2009 | See Source »

...from the highly priced tickets are donated. However, with an interpretation of honesty that Bill Clinton would be proud of, there are often no actual profits—and consequently, no donations. To market an event based on the assumption of charity and then fail to give away a cent is the peak of hypocrisy. Equally reprehensible is the tacit acceptance suggested by the administration’s failure to enforce these organizations’ promises. Commitments to charity must be genuine, not merely a form of image marketing. If student groups advertise a charitable cause, they should be forced...

Author: By Olivia M. Goldhill | Title: Charitable Misgivings | 5/20/2009 | See Source »

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