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...election in the works, and it was sizing up to be a real humdinger. It was the year 2000. Peacetime. Boom time. An era of big ideas." But in 2008, with a faltering economy and a war on two fronts, this tale of self-induced starvation just doesn't seem as funny. Can lentils and hard-boiled eggs save...

Author: /time Magazine | Title: A Story of Self-Induced Starvation | 11/28/2008 | See Source »

...long as globalization increases economic activity, climate change will continue. That is why Darfur matters. There is the simple humanitarian imperative - helping refugees - which alone might seem cause enough for action. There is also a moral imperative. If climate change is a root cause of these wars, and the West has caused climate change, then these distant wars become our indirect responsibility. Ugandan President Yoweri Museveni, whose economy depends on hydropower from a reservoir that is now depleted by drought, is explicit in this regard, describing climate change as "an act of aggression by the rich against the poor...

Author: /time Magazine | Title: Weather Wars | 11/27/2008 | See Source »

...always looking ahead six to nine months and is a gauge of what investors collectively believe will be the situation far into the future. That's why stock prices began to slump well before the recession was in full bloom. It also means that now, just as economic woes seem the most dire, the market could be close to focusing on the recovery and moving higher...

Author: /time Magazine | Title: Don't Panic, Retirees! | 11/26/2008 | See Source »

Rarely in the course of human events does the election of one individual seem to make everybody around the world stop and take notice. The next-day headlines were evidence that something transformative had happened. Barack Obama resonated with the hopes and aspirations of not just Americans but so many globally who yearn for a better tomorrow...

Author: /time Magazine | Title: Person of the Year. | 11/26/2008 | See Source »

...enough scores on the SAT or ACT to compensate for lower grades. Under the new rules, all campuses will still have to admit all eligible freshmen in their immediate vicinity, but many of the schools will up the academic bar for students from farther away. Rejecting paying students might seem counterintuitive in a time of need, but tuition accounts for just 23% of Cal State's funding (even after a 10% hike last year). That's on par with Harvard, where tuition accounts for about 20% of the school's revenue - but there, a multibillion-dollar endowment makes...

Author: /time Magazine | Title: Under Financial Stress, More Colleges Cap Enrollments | 11/26/2008 | See Source »

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