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...recovery--and his increasingly central role in the holding company's day-to-day management and the dynasty's long-term destiny--Elkann decided to give his first-ever extensive interview. He spoke with TIME about his rapid rise in Italy's leading business family, Fiat's struggle to adapt to a shifting global playing field and a young man's relationship with his famous silver-haired grandfather...

Author: /time Magazine | Title: All In The Family | 7/16/2006 | See Source »

...right yardstick. The skills they're developing are not trivial. They're learning to analyze complex systems with many interacting variables, to master new interfaces, to find and validate information in vast databases, to build and maintain extensive social networks crossing both virtual and real-world environments, to adapt existing technology to new uses. And they're learning all this in their spare time...

Author: /time Magazine | Title: Don't Fear the Digital | 7/12/2006 | See Source »

Over the past century, half a dozen Presidents have tried to radically transform American strategy. At the turn of the century, Theodore Roosevelt sought to adapt U.S. foreign policy to match the nation's new position in world politics. But while he persuaded Congress to back his efforts to bolster U.S. hegemony in the western hemisphere, he failed to overcome long-standing suspicions of balance-of-power politics in Congress and among the U.S. public. As a result, his transformation proved untenable. Woodrow Wilson came to office focused on domestic issues but ultimately intervened in World War I, leading...

Author: /time Magazine | Title: Transformation is Hard | 7/9/2006 | See Source »

...extremists in the U.S. The al-Qaeda network [an error occurred while processing this directive] of networks is a transnational phenomenon, facilitated by the Internet, easy international travel and relaxed border controls, and held together by shared ideology. Its flexibility and lack of formal structure have enabled it to adapt and survive despite the heavy blows it has suffered in the war on terror. The most significant finding of the investigation into the July 7 bombings is how little we know about the processes of radicalization, recruitment and induction into this network of networks. It is precisely that lack...

Author: /time Magazine | Title: The 7/7 Bombs: A Year Later, but Little Wiser | 7/2/2006 | See Source »

...first, kids appear to adapt well to the disparity and often learn to game the system, flipping blatant favoritism back to their shared advantage. "They'll say to one another, 'Why don't you ask Mom if we can go to the mall because she never says no to you,'" says Conger. But at a deeper level, second-tier children may pay a price. "They tend to be sadder and have more self-esteem questions," Conger says. "They feel like they're not as worthy, and they're trying to figure...

Author: /time Magazine | Title: The New Science of Siblings | 7/2/2006 | See Source »

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