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This kind of behavior doesn't fit into neoclassical economic models, which assume that human beings are rational agents who act in their own best interests. In the real world, human beings are human beings. Sometimes we're too dumb to know our own best interests. Sometimes we're too...

Author: /time Magazine | Title: The Public Option: Let's Not Opt Out and Say We Did | 10/27/2009 | See Source »

As the first book written about Osama bin Laden with help from anyone in the bin Laden family, Growing Up bin Laden: Osama's Wife and Son Take Us Inside Their Secret World (St. Martin's Press) is a valuable - if limited - glimpse into the personal life of the world...

Author: /time Magazine | Title: Growing Up bin Laden: Osama's Son Speaks | 10/27/2009 | See Source »

The AHIP report was the kind of one-sided study that lobbyists sometimes commission to create scary sound bites. It worked. The report analyzed the impact of four narrow features of the Senate Finance bill using a worst-case-scenario model; it concluded, as Ignagni says, that "health care costs...

Author: /time Magazine | Title: Health-Care Grudge Match! | 10/26/2009 | See Source »

The figure, released on Friday in Smith’s Dean’s Annual Report, was balanced by a consistent emphasis that most of the gains were “the result of one-time events,” and that, as expected, much remains to be done to...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Reports Windfall Surplus | 10/26/2009 | See Source »

In a move that clarified why administrators have tamed fiscal messages of late after months of stressing the Faculty of Arts and Sciences’ impending financial deficit, FAS Dean Michael D. Smith delivered the news Friday that the school had posted a $58.6 million surplus in its unrestricted funds...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Reports Surplus, Stresses Continuing Deficit Threat | 10/26/2009 | See Source »

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