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...fiscally profligate populism. But today they lead a potent common market, Mercosur. (Chile is an associate member.) And while each has a leftist President--Chile's Michelle Bachelet is also a socialist--the ABCs are spelling a model, "pragmatic socialism," says Jerry Haar, an international-business professor at Florida International University in Miami and a co-author of Can Latin America Compete? "They're managing the precarious balancing act between Milton Friedman and Santa Claus," says Haar, "drawing both to a more globally competitive middle...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

...swimming and diving team made significant contributions this weekend as Harvard beat Cornell, 168.5-128.5, and Dartmouth, 174-124, on Saturday in Hanover, N.H. The meet was the team’s first of the year, although the swimmers got their feet wet last weekend in a scrimmage against Florida State. “[The freshmen] are amazing—they are stepping up in every event,” co-captain Lindsay Hart said. “It is so exciting to see them compete.” This year’s squad is an especially young team...

Author: By Alison E. Schumer, CONTRIBUTING WRITER | Title: Rookies Pave Way in Ivy Sweep | 11/13/2007 | See Source »

...What's fueling Fehr's concerns? For one, during baseball's general managers' meetings in Orlando last week, Theo Epstein of the Boston Red Sox and Larry Beinfast of Florida Marlins introduced a new element to the gathering. The GMs assembled in one room and each stated what their off-season priorities were, and who might be available in trades. To the execs, it was an efficient way to horse-trade information that they typically would share in various time-consuming, one-on-one conversations. Some teams spoke in general terms, others got a little more specific, Major League Baseball...

Author: /time Magazine | Title: A-Rod's Salary: Watching for Collusion | 11/13/2007 | See Source »

...called common sense, not collusion. "The fact that one player doesn't get what he wants - that's not even close [to collusion]," says Rick Karcher, a sports law professor at Florida Coastal School...

Author: /time Magazine | Title: A-Rod's Salary: Watching for Collusion | 11/13/2007 | See Source »

...part of the firefighters' arsenal, as important as trucks, hoses and protective gear. As Californians rebuild, incentives from insurance companies could help defray the added costs of masonry-and-metal construction. With fewer fires in the future, insurance companies would stand to profit substantially. Paul A. Winder, Fort Lauderdale, Florida...

Author: /time Magazine | Title: Inbox | 11/9/2007 | See Source »

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