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Still, the winters really are great! And this doom-and-glooming might sound familiar. In 1981, TIME declared crime- and drug-plagued South Florida a "Paradise Lost." The region then embarked on an epic boom. Southeast Florida - including Miami, Fort Lauderdale, West Palm Beach - ballooned into the nation's seventh largest metro, while southwest Florida - Naples, Cape Coral, Fort Myers - became the fastest-growing metro. Last year 82.4 million visitors found their way to this lost paradise. And last month Governor Charlie Crist unveiled a $1.75 billion deal to buy the U.S. Sugar Corp. and its 187,000 acres...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

Puig's financial records were a mess, and his accountant was a convicted felon with ties to the Colombian drug kingpin, Pablo Escobar. But that never seemed to bother Puig's investors or lenders, who kept showering him with money as long as condo prices kept soaring. It certainly didn't bother Puig, who explained in a recent deposition that he never paid attention to his books, in part because his expertise was in matters like where to advertise property and whether to paint the doors yellow or white, and in part because he never imagined the Florida housing market...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

When no one owns a resource, we tend to overuse it--winding up with polluted skies, fished-out oceans and battles over access to freshwater. But too much ownership leads to problems too. A pharmaceutical company is stymied by a web of patents and doesn't make a drug. An airport can't buy land for a new runway to ease congestion because dozens of people own slivers of property. A production house, faced with a mishmash of music-licensing rights, keeps an old sitcom from...

Author: /time Magazine | Title: How to Stop Innovation | 7/10/2008 | See Source »

...actor, who died in January at 28 of an accidental prescription-drug overdose, is magnificent. Echoing the sly psychopathy and scary singsong voice of Anthony Hopkins in The Silence of the Lambs (Hannibal Ledger!), Ledger carries in him the deranged threat of a punk star like Sid Vicious, whom he supposedly took as one of the models for his character. The Joker observes no rules, pursues no grand scheme; he's the terrorist as improv artist. Evil is his tenor sax, Armageddon his melody. Why, he might blow up a hospital or turn ordinary people into mass murderers to save...

Author: /time Magazine | Title: Batman Is Back — TIME Reviews The Dark Knight | 7/9/2008 | See Source »

...better and exercise more. And then there's the possible cascade effect. "We can add statins to help overweight children," says Ludwig of Children's Hospital Boston. "But what about the next problem that comes up - insulin resistance and fatty liver. Are we going to keep adding drug after drug? That possibility just makes me want...

Author: /time Magazine | Title: The Kiddie Cholesterol Debate | 7/9/2008 | See Source »

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