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...give them an economic incentive to do so? This could be done by flat-out paying companies to hire, or by reducing their share of payroll taxes (the money that gets withheld from workers' paychecks to pay for Social Security and Medicare). Either way, adding a new worker becomes cheaper. We last tried this in the 1970s - the mechanism was a tax credit for hiring - and the results weren't particularly remarkable, though part of that could have had something to do with the structure of the credit...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...trudged around in both designs, which took some getting used to. Stairs were not easy. Neither was picking up my toddler. But both made me sore where I was hoping they would. The $110 EasyTones were cheaper and more normal-looking, but I preferred the $245 MBTs, in part because they have the added benefit of making me stand up straight. So though my posterior is still a work in progress, at least my posture kicks...

Author: /time Magazine | Title: Helping Women Get Their See Legs | 12/7/2009 | See Source »

...regardless of the source, he says. "That's what markets do, they find the cheapest, most cost-efficient way of producing whatever it is that's demanded," says Derwent. "That's a good thing, not a bad thing. That means that the atmosphere gets an emissions reduction at a cheaper cost...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

...should make something that has already been done easier, or cheaper, or faster,” he said...

Author: By Jacob Cedarbaum, CONTRIBUTING WRITER | Title: HBS Launches New Entrepreneurial Contest | 12/2/2009 | See Source »

...That's not only because of government largesse. As wages and land prices rise precipitously in China's coastal cities, Chinese companies based there are investing in operations in less-developed Xi'an to capitalize on its lower costs and tap a cheaper labor market. About 70% of Xi'an's domestic investment comes from the southeast coast. For example, in late 2008 Shenzhen-based cell-phone maker ZTE announced it would invest $880 million in manufacturing and research facilities in Xi'an that will ultimately employ 26,000 people. Hybrid-car maker BYD, also headquartered in Shenzhen, has turned...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

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