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Browsing the shelves at some local libraries can seem like an anthropological expedition, a revealing window into how we once lived. Because libraries lack funds to update their collections, their shelves are too often populated with books that are increasingly outdated, irrelevant - or just downright insane...

Author: /time Magazine | Title: Awful Library Books | 7/6/2009 | See Source »

...only our financial regulations were dumber! It's not a cry you hear often. But phrased a little differently, it may be the most cogent criticism of the convoluted regulatory approach of recent decades--and one that applies to most of the Obama Administration's financial-reform proposals...

Author: /time Magazine | Title: Dumbing Down Regulation: The Quest For Simpler Rules | 7/6/2009 | See Source »

...fragile, prone to booms and busts that can have harmful effects on the real economy. But regulators aren't immune to the boom-bust cycle. They have an understandable habit of easing up when times are good and cracking down when they're not. In doing so, they often amplify the ups and downs of markets rather than modulate them. (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Dumbing Down Regulation: The Quest For Simpler Rules | 7/6/2009 | See Source »

...check with other airlines shows that Air France, British Airways, Air Kenya and others offer similar service to Moroni, albeit with stopovers in Africa, rather than Yemen - some even at lower prices. When questioned about this, SOS Voyages to Comoros argued that seats on other airlines are often fully booked, leaving travelers no choice but to fly Yemenia. "People only fly Yemenia if they can't get on the others," explains Mustapha Abdou-Raouf, the association's Paris representative. "Those who died had to fly Yemenia if they wanted to get to the Comoros this summer...

Author: /time Magazine | Title: Does the E.U.'s Airline Blacklist Make Flying Safer? | 7/3/2009 | See Source »

...What Europe should do is follow the U.S. method of banning all airlines from countries whose civil aviation officials don't enforce international security standards," Hubert argues. "Targeting individual carriers is often overly subjective, and inefficient in remedying the original problem of insufficient oversight by national aviation authorities." The E.U. blacklist already effectively bans all airlines from nations such as Indonesia, the Democratic Republic of Congo, Croatia and Paraguay, in addition to individual carriers from countries whose safety oversights the E.U. considers sound. Even that, though, can't prevent disaster from striking some of the largest and most reputable airlines...

Author: /time Magazine | Title: Does the E.U.'s Airline Blacklist Make Flying Safer? | 7/3/2009 | See Source »

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