Word: laws
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...present economic moment is fraught with both danger and opportunity. There appears to be, Summers told the suddenly very attentive crowd, a strange bit of physics working itself out in our economy. The problem is related to a hiccup in an economic rule called Okun's law. First mooted by economist Arthur Okun in 1962, the law (it's really more of a rule of thumb) says that when the economy grows, it produces jobs at a predictable rate, and when it shrinks, it sheds them at a similarly regular pace. It's a labor version of how the accelerator...
...party to the original discussions [about the settlement], so feel doubly disgruntled," Philip Jones, managing editor of the British trade magazine The Bookseller, tells TIME. He points out that Google's recent overtures are in fact clarifications rather than concessions: "Google is merely agreeing to respect international copyright law." (See the top 10 fiction books...
...from that memorable discussion, our service issues have had a real-world impact. Many of the ideas and proposals Time made over the past two years have been incorporated in the Edward M. Kennedy Serve America Act, a bill passed by Congress with overwhelming bipartisan support and signed into law by President Obama in April...
...think that you're going to start seeing a lot of young people finding that that makes sense. We were talking the other day to some young lawyers who were still at law school, and they're not in a position now where it's easy for them to necessarily to get placed in these law firms, making $150,000 a year, so you're starting to see more of them now interested potentially in working in public service, working in government, Teach for America - those kinds of options suddenly look a lot more attractive. So I think that...
...Atlanta mayor's race is resisting attempts to paint it in crude black-and-white. For one, the cliche of black political organizers facing off against white corporate elites doesn't fit. The black candidates include a former real estate corporate vice president, a state senator, and a corporate-law attorney who was a Rhodes Scholar. The white candidate, re-elected city-wide four years ago, is a longtime community activist and the candidate most likely to be photographed with a bullhorn in her hand. This all comes at a time when Atlanta is struggling with financial red ink, rising...