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...Yangs' collision course with history continued. The family home in Liuyang was pulled down in the Great Leap Forward in the early 1960s: the peasants wanted the wooden beams for their backyard iron smelters, which Mao thought would transform China into an industrial power. Most of the iron was worthless, and the neglect of agriculture led to the worst famine of the century, in which more than 20 million people starved to death. Peiyuan's "first mother"--his father's first wife--died of hunger in 1962, but the twins' mother--the third wife--survived and held together what...

Author: /time Magazine | Title: TWINS: Splintered for decades by China's violent revolution, a family comes back together | 10/4/1999 | See Source »

...irony of insurance is that mostly it protects against things we can control but not against things we can't control. Whoops! Burn down the manse with an unattended iron, and the typical policy covers you. But if heavy rain overwhelms a storm sewer that backs up into your home or business and destroys all, well, sorry. Claims adjusters are now delivering that message to thousands of people, including the Kadlecs, trying to wring out Hurricane Floyd from their carpets...

Author: /time Magazine | Title: The Flood Fiasco | 10/4/1999 | See Source »

When Lou Gerstner, IBM's iron-willed CEO, makes a decision, he usually sticks by it. So how was it that 10 days ago he made an abrupt about-face, scaling back a change to the company's retirement plan that was supposed to save $200 million annually? And did Gerstner realize he was feeding a nationwide workplace riot among baby boomers, who are convinced their nest eggs are being plundered...

Author: /time Magazine | Title: The Pension Revolt | 10/4/1999 | See Source »

...communist system, after all, may be riddled with problems that make its collapse inevitable, but unemployment has never been one of them. Mao Zedong's promise of the "iron rice bowl" was the traditional communist guarantee of full employment. However decrepit the economy might be, everyone would always have a job, no matter how economically redundant. You pretend to work and we pretend to pay you. And yet on Friday, even as portraits of Mao were driven through the streets of Beijing, 100 million Chinese face the prospect of joblessness with no social safety...

Author: /time Magazine | Title: At 50, China Cheers a Communism Mao Might Not Recognize | 10/1/1999 | See Source »

...value of vaccinations is most obvious to those who remember row upon row of iron lungs occupied by victims of polio epidemics and the quarantine signs posted on the homes of people stricken by diphtheria, whooping cough, smallpox and measles. Of these scourges, smallpox has been wiped out and the others have become rare and largely preventable through the use of vaccines. Says Duke University pediatrics professor Samuel Katz, a leading authority on vaccines: "Immunization is the single intervention that has most dramatically reduced childhood morbidity and mortality...

Author: /time Magazine | Title: Vaccine Jitters | 9/13/1999 | See Source »

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