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...Amazonians are really good at selling books online, and publishers love them for it. But because Amazon is so much better than anybody else at selling books online - last year, it owned 43% of that market, according to the bibliographic-information company R.R. Bowker - it has a lot of power at the negotiating table. All retailers get discounts from their wholesalers, but some publishers think the discounts Amazon asks for are getting too deep. "They're fast approaching the point where we just can't afford to do business with them," says a well-known New York book editor...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...taxpayers "have a seat at the table." If this sounds like advocacy, that might be exactly what Democratic Party bosses had in mind when they selected her. Since a special inspector general was also appointed to investigate Treasury's actions, Warren's oversight panel was left with little actual power. But it performs a much more public function. Though some of the panel's reports have been less than revelatory, there have been some worthy and newsmaking insights, like the suggestion that for every $100 Paulson spent buying stakes in troubled banks, the government received assets worth only...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

Well, maybe not the whole edifice. For all its flaws, Fisher's economic approach delivered genuinely important insights. He proposed in 1911 that the government issue inflation-linked bonds; in 1997, the Treasury Department finally got around to doing so. If anybody in power in Washington had been willing to follow his advice in 1930 or '31 (which essentially amounted to "Print more money"), the Great Depression might not have been so great. For the past two years, the Federal Reserve has been working right out of the Fisher playbook, and while the results haven't been perfect, they...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...This uprising is the result of 30 years of murder, oppression and corruption by an Iranian regime we've dedicated our entire lives to fighting," Mohammad Mohaddessin, chairman of foreign affairs for the Paris-based group told TIME. "Even if protesters aren't calling for [the NCRI] to take power, it's only natural that, given our organization's experience, our clandestine networks are playing an important role informing and assisting the Iranian people to achieve its desire of regime change...

Author: /time Magazine | Title: In Iran Crisis, Paris Exile Group Plays Disputed Role | 6/22/2009 | See Source »

...claims to justify the suppression and killings inside Iran." Those claims were designed, the group said, to mask the regime's "fear of the Iranian people's nationwide uprising and the fact that many young people are being drawn" to the NCRI's drive to remove the mullahs from power. (See pictures of Iran's presidential elections and their turbulent aftermath...

Author: /time Magazine | Title: In Iran Crisis, Paris Exile Group Plays Disputed Role | 6/22/2009 | See Source »

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