1
U.S.
Koch Group Has Ambitions in Small Races
Backed by the billionaire Koch brothers, Americans for Prosperity has campaigned against taxes and spending in Coralville, Iowa, but some voters are skeptical of its motives.
2
Booming
Hopeful Glimmers in Long War on Cancer
A Retro Report and a medical writer reflect on the grand hopes and stuttering progress of Richard Nixon’s “war on cancer.”
3
World
Pigs in Israel Originated in Europe, Researchers Say
Archaeologists involved in a lengthy project whose goal is to reconstruct ancient Israel have established that the pigs here are of European stock, and probably arrived with the Philistines.BlackBerry Drops Bid to Sell Itself; C.E.O. to Leave
By IAN AUSTEN and DAVID GELLES
Thorsten Heins, the BlackBerry chief, will leave the company following
the collapse of a tentative takeover offer from the ailing smartphone
maker’s largest shareholder.
As a speculation you could buy a few hundred shares at the current price.
It is not time to buy the hardware this year.
4
Opinion
A Prayer in the Town Hall
When the Supreme Court revisits the blurry boundary between church and state it should ensure government neutrality toward all religions.
5
World
China Strips Army Official of Position After Attack
Gen. Peng Yong, an army chief in Xinjiang, lost his post on a Communist Party governing body after what was described as a terrorist attack.
6
World
A Fiscal Scold, Merkel Softens Tone at Home
Chancellor Angela Merkel of Germany is being pushed to accept policies that would sharply increase domestic spending, even as she shows few signs of easing austerity for the rest of Europe.Europe’s Inflation Problem
It’s too low.
There are two reasons moderate inflation is actually a good thing for modern economies — one involving demand, one involving supply.
On the demand side, inflation reduces the problem of the zero lower bound: nominal interest rates can’t go negative, but real rates can to the extent that modest inflation is embedded in expectations.
On the supply side, inflation reduces the problem of downward nominal wage rigidity: people are very reluctant to demand or accept actual wage cuts, which becomes a serious constraint if the relative wages of large groups of workers “need” to fall.
Both problems are very much present in the United States, but they’re even worse in the euro area, where fiscal policy has been highly contractionary thanks to savage forced austerity in the periphery and precautionary austerity in the core, so that monetary policy is the only game in town; and where those peripheral economies also need large internal devaluation.
Given this, Europe’s latest inflation numbers (pdf) are just disastrous: core inflation over the past year of just 0.8 percent.
Alas, European officials think that because the ECB has calmed financial markets and some countries are showing slight growth the crisis is over.
There are two reasons moderate inflation is actually a good thing for modern economies — one involving demand, one involving supply.
On the demand side, inflation reduces the problem of the zero lower bound: nominal interest rates can’t go negative, but real rates can to the extent that modest inflation is embedded in expectations.
On the supply side, inflation reduces the problem of downward nominal wage rigidity: people are very reluctant to demand or accept actual wage cuts, which becomes a serious constraint if the relative wages of large groups of workers “need” to fall.
Both problems are very much present in the United States, but they’re even worse in the euro area, where fiscal policy has been highly contractionary thanks to savage forced austerity in the periphery and precautionary austerity in the core, so that monetary policy is the only game in town; and where those peripheral economies also need large internal devaluation.
Given this, Europe’s latest inflation numbers (pdf) are just disastrous: core inflation over the past year of just 0.8 percent.
Alas, European officials think that because the ECB has calmed financial markets and some countries are showing slight growth the crisis is over.
7
Business Day
After Delay, Lenders Set To Visit Greece for Audit
The team of officials from the International Monetary Fund, the European Commission and the European Central Bank are set to decide on whether to approve the next installment of loans under Greece’s bailout program.
8
Opinion
That Dreadful Day in December
In Newtown, Conn., the suffering is made raw again as the anniversary of the shooting nears.
9
World
To Shape Young Palestinians, Hamas Creates Its Own Textbooks
The Hamas movement is deviating from the approved Palestinian Authority curriculum, using the new texts as part of a broader push to infuse the next generation with its militant ideology.
10
Opinion
'To Those Influencing Environmental Policy But Opposed to Nuclear Power'
Four climate scientists press environmental organizations to embrace efforts to develop and deploy a new generation of nuclear power plants.
11
U.S.
In Alabama Race, a Test of Business Efforts to Derail Tea Party
Business groups like the U.S. Chamber of Commerce are pouring money into a special House primary runoff that is seen as a test case for the fight over the Republican Party’s future.
12
13
World
Afghan Officials to Meet Freed Taliban Official in Pakistan
The announcement that a delegation would meet with Mullah Abdul Ghani Baradar, a senior Taliban leader, was a potential breakthrough in peace talks.
14
U.S.
Michigan: Failing Drug Test Could Imperil Jobless Pay
Gov. Rick Snyder signed a law on Tuesday denying unemployment benefits to job seekers who fail company drug tests.
15
World
No Morsel Too Minuscule for All-Consuming N.S.A.
The National Security Agency finds itself under intense pressure after disclosures of spying on allies and rivals alike, but it defends the wide net it casts.
16
Magazine
Broccoli’s Extreme Makeover
Broccoli is about to get a serious makeover — and maybe, just maybe, be a model of how to persuade Americans to eat better.
17
World
That Other Big Afghan Crisis, the Growing Army of Addicts
A new report underscores a growing crisis in the city of Herat: one in every five households contains at least one drug user.
18
Sports
In Rodriguez Arbitration, Two Sides Play Hardball
In the months since several players were linked to a Florida anti-aging clinic, Major League Baseball and Alex Rodriguez have engaged in a cloak-and-dagger struggle surpassing anything the sport has seen.
19
Science
Herbal Supplements Are Often Not What They Seem
A study using DNA testing offers perhaps the most credible evidence to date of adulteration, contamination and mislabeling in the herbal supplement industry.
20
U.S.
I.O.U.’s Give the Democrat an Edge in Virginia
Democrats nationwide are reaching out to Terry McAuliffe, a former fund-raiser, with endorsements, strategic advice and, of course, an avalanche of money for his run for governor.
1
Opinion
Plutocrats vs. Populists
Pop-up plutocracy and the new populism are in conflict over the direction of America’s future.
2
3
Science
Elizabeth Gilbert Finds Inspiration Behind the Garden Gate
After the success of “Eat, Pray, Love,” Elizabeth Gilbert set off on a different path with her new novel, about a 19th-century botanist.
4
World
Going All Out at Sochi, but What Next?
With less than 100 days to go before the opening of the Sochi Olympic Games, clearly neither cost nor manpower is an issue. Yet no one knows whether the effort will pay off.
5
Business Day
Video: Buildings for Billionaires
A new crop of ultra-luxurious New York high rises are vying to be the next hot “it” building and are attracting billionaires from nearby as well as abroad.
6
Opinion
Italy: The Nation That Crushes Its Young
No other country in Europe spends so much on making its past comfortable — at such cost to its future.
8
9
Opinion
In the Presence of All Souls
As many as 80 percent of those who lose loved ones report that they sense that person after death.
10
Dining & Wine
So, Travis Bickle Walked Into a Bar
Golden Cadillac, a new bar opening this week in the East Village, is bringing back the ’70s.
12
N.Y. / Region
With a Bird’s-Eye View of Herald Square, Seeing All but Noticed by Few
Perched atop a tall monument, two stern-looking bronze owls whose eyes glow green have long been among New York City’s more obscure architectural oddities.
13
U.S.
App Lets Riders Forgo Cabs and Ignites Debate on Dallas’ Code
The expansion into Dallas of Uber, which allows customers to order rides with an app, has left cab representatives complaining and officials debating about changing the city code.
14
Technology
Movie’s Flop Contributes to a Loss for Sony
After showing signs of a financial turnaround in the spring, Sony said Thursday that it swung back to a loss in the summer quarter.
16
20
Magazine
Broccoli’s Extreme Makeover
3
4
6
Opinion
Where Mental Asylums Live On
In many poor and developing countries, thousands of mentally ill people are warehoused in dirty and dangerous institutions.
7
Opinion
Italy: The Nation That Crushes Its Young
No other country in Europe spends so much on making its past comfortable — at such cost to its future.
8
World
To Shape Young Palestinians, Hamas Creates Its Own Textbooks
The Hamas movement is deviating from the approved Palestinian Authority curriculum, using the new texts as part of a broader push to infuse the next generation with its militant ideology.
9
10
Opinion
In the Presence of All Souls
As many as 80 percent of those who lose loved ones report that they sense that person after death.
11
Science
Elizabeth Gilbert Finds Inspiration Behind the Garden Gate
After the success of “Eat, Pray, Love,” Elizabeth Gilbert set off on a different path with her new novel, about a 19th-century botanist.
12
Dining & Wine
So, Travis Bickle Walked Into a Bar
Golden Cadillac, a new bar opening this week in the East Village, is bringing back the ’70s.
13
Sports
Jacksonville’s Blackmon Is Suspended Indefinitely
Justin Blackmon, the fifth overall pick in the 2012 draft, had earlier violations of the N.F.L.’s substance-abuse policy.
14
N.Y. / Region
With a Bird’s-Eye View of Herald Square, Seeing All but Noticed by Few
Perched atop a tall monument, two stern-looking bronze owls whose eyes glow green have long been among New York City’s more obscure architectural oddities.
15
U.S.
App Lets Riders Forgo Cabs and Ignites Debate on Dallas’ Code
The expansion into Dallas of Uber, which allows customers to order rides with an app, has left cab representatives complaining and officials debating about changing the city code.
16
Technology
Movie’s Flop Contributes to a Loss for Sony
After showing signs of a financial turnaround in the spring, Sony said Thursday that it swung back to a loss in the summer quarter.
17
World
China: Brother of Tibet Religious Leader Details Circumstances of Sibling’s Death
The brother of a prominent Tibetan religious leader, Choje Akong Rinpoche, who was stabbed to death in China on Oct. 8, has said Mr. Akong had not been “assassinated.”
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19
Business Day
Looking for a Way Around Keystone XL, Canadian Oil Hits the Rails
Despite higher costs, Canadian oil companies are rapidly expanding their ability to transport crude by rail, hoping to tap hungry markets in Asia.
20
U.S.
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