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...pension benefits, as opposed to a measly $1,200 in a traditional plan, according to the Society of Actuaries. Under the same cash-balance plan, a 50-year-old earning about $57,000 a year, with just over 20 years of service, would already have a $69,000 nest egg, more than double the value of a traditional pension at that point. The downside: by the time that person retires, the cash-balance plan will yield $138,000, vs. $180,000 under traditional plans. "The old system was designed for the iron age, when people were beholden to one company...

Author: /time Magazine | Title: The Big Pension Swap | 4/19/1999 | See Source »

...technical reasons of their own, regard such objections as profoundly misguided. Indeed, Blackmore, taking the theory to its logical conclusion, suggests memes account not only for the evolution of culture but also for consciousness itself. The mind, in Blackmore's scheme of things, is little more than a nest of memes...

Author: /time Magazine | Title: Is the Mind Just a Vehicle for Virulent Notions? | 4/19/1999 | See Source »

...there is dissent even within the "ultra-Darwinist" ranks. M.I.T. linguist Steven Pinker finds the ideas of memetics intriguing and occasionally even useful but doesn't quite believe it's a science. Nor does he accept the nest-of-memes view of consciousness. "To be honest, I don't even know what that means," admits Pinker. The problem, he says, is that memetics assumes the brain is essentially passive, like a Petri dish awaiting infection. It doesn't account for the self that responds subjectively, that feels sensations such as love, envy and pain. "Babies are conscious," he points...

Author: /time Magazine | Title: Is the Mind Just a Vehicle for Virulent Notions? | 4/19/1999 | See Source »

...other side of the country. "I guess I just didn't have the mindset for it at Antoinette's age. When I was her age, I had all the ideas she did, but I was afraid to leave home. She's just gone out and ventured out of the nest. I'm just so proud of her for that. She is different in that she wanted the adventure more than...

Author: By Daniel B. Baer, | Title: Close to Home: The Story of Four Families | 3/4/1999 | See Source »

...Chinese press. A few minutes later, we adjourned to a more private dining area, where, at his urging, we removed our jackets so we could better enjoy a nine-course dinner (including shark's fin soup, "Assorted Foods in Hot Pot," coconut juice and "Bird's Nest") and more serious drink. Jiang is warm and witty, and he has a wonderful voice that ranges--both in Chinese and in his near fluent English--from low and deep to high pitched and animated when he gets worked up over an idea or a joke. He is a good listener, leaning back...

Author: /time Magazine | Title: My Dinner with Jiang | 2/22/1999 | See Source »

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