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...scientists did not periodically correct the difference between the atomic clock and Earth's rotation, within a few hundred years the position of the sun in the sky would noticeably differ with the time on your kitchen clock, an aspect of earthly timekeeping that has caused much consternation historically, vexing everyone from Julius Caesar to Pope Gregory XIII. So, in 1972, an international agreement decreed that instead of continually revising the definition of a second, atomic clocks would be adjusted by adding a leap second each time an appreciable discrepancy was detected by observations made at the International Earth Rotation...

Author: /time Magazine | Title: Wait a Second: Why 2008 Was a Long Year | 12/31/2008 | See Source »

Morally speaking, everything about Good is tidily correct. But it is more a predictable parable than a full-fledged narrative. Directed academically and unimaginatively by Vincente Amorim, and based on a play by C.P. Taylor that was respectfully received in the 1980s, it also feels like old news. We know that in bad times human beings have a propensity to behave like - well, human beings. That is to say, only a heroic and visionary minority has the gumption to resist evil. Most of us, like Halder, just go along with whatever system is in place. Indeed, the compromises...

Author: /time Magazine | Title: Good: A Mild-Mannered Morality Tale | 12/30/2008 | See Source »

...back-and-forth can feel esoteric, but, in fact, it goes to the heart of solving the problem. "If losing firms are sucking up all the credit, then isn't the [correct] policy response to let banks cancel lines of credit?" asks Octavio Marenzi, CEO of the banking consultancy Celent, who joined the debate in December with his own paper, called "Flawed Assumptions about the Credit Crisis." After going through a reckoning of the aggregate data - including the fact that consumer credit hit a record high in September 2008 - Marenzi put forth a couple of possible explanations, including "that policymakers...

Author: /time Magazine | Title: Is There Really a Credit Crunch? | 12/24/2008 | See Source »

...Critics of the Church hierarchy see such pronouncements as proof of Catholicism's unhealthy "obsession" with sexual matters. In his book Sex and Heaven, Catholic writer John Portmann argues that the Vatican has made having "correct sex" the singular virtue for achieving salvation. In just the past month, the Vatican has announced its opposition to a United Nations proposal to protect gays from being criminalized and punished by governments for their orientation, and released a doctrinal office document reinforcing the Church's opposition to assisted fertility and stem cell research...

Author: /time Magazine | Title: The Pope's Christmas Condemnation of Transsexuals | 12/23/2008 | See Source »

...will see photography extended into an all-day strategy, including images that are made according to involuntary stimuli such as brain waves and blood pressure. The camera will also be circulating within our bodies and stationed in our homes, acting proactively to warn us of and possibly attempt to correct any problems (disease, fire, an accident), even on the molecular level...

Author: /time Magazine | Title: The Future of Photography | 12/18/2008 | See Source »

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