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...That maverick streak comes naturally to the driven Yamanaka. Many Japanese scientists, even the best ones, can seem detached and dreamy. Though he has only worked in academia, Yamanaka by contrast has the no-nonsense air of the hybrid researcher/entrepreneur, a type that plays a big role in American stem-cell science. "He used to be an orthopedic surgeon, so he has a good sense in connecting his research to a practical application," says Yoshiki Sasai, a stem-cell scientist at the RIKEN Center for Developmental Biology in Kobe. "He's like a venture [capitalist]. He couldn...

Author: /time Magazine | Title: Ahead of the Curve | 6/14/2007 | See Source »

Florida's problem is similar to what California faced in the 1970s: a deluge of new residents and feckless growth management have driven real estate values, and therefore property taxes, beyond the reach of more and more households. In expensive markets like South Florida, for example, homeowners who have yet to qualify for a state property-tax cap say they've seen better than 100% increases over the past few years. It's a large reason why, according to a new Zogby International poll, half of South Floridians and 37% of all Floridians say they're considering moving...

Author: /time Magazine | Title: Behind Florida's Property Tax Revolt | 6/12/2007 | See Source »

...state income tax. But they do pay onerous hurricane insurance premiums (a shock being felt in other coastal states as well) that in many cases exceed what a state income tax would levy. What's more, the relatively low salaries and wages in Florida's tourism-driven economy "are hardly commensurate with those of the states we're being compared with today, like California and New York," says Cancela, who heads the Miami-based marketing firm Hispanic USA. That growing gap between incomes and housing prices has all but wiped away Florida's historical luster as a paradise...

Author: /time Magazine | Title: Behind Florida's Property Tax Revolt | 6/12/2007 | See Source »

...price issue is more problematic. Demand has driven corn prices from $2 per bu. to more than $4 in the past 15 months. Those prices have since fallen back to about $3.70. But if they climb again as a result, for example, of a drought that cuts the yield, then ethanol distillers, cattle feeders, hog and dairy farmers will be the first to pay the price. Shelling out more for corn would eventually translate into more expensive ethanol, as well as higher prices for beef, pork, chicken, eggs and milk--movement that the market is already seeing. Hormel Foods...

Author: /time Magazine | Title: Corn-Powered in Yuma | 6/7/2007 | See Source »

...very different styles and backgrounds and job descriptions are leaders who pride themselves as straight talkers who act according to what they see as simple truths. Indeed, the head of the Roman Catholic Church and the born-again Protestant President acknowledge that their public deeds - and diplomacy, itself - are driven by a very palpable and personal religious faith...

Author: /time Magazine | Title: Bush and the Pope Meet | 6/7/2007 | See Source »

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