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...answer to the nation's transportation problems clearly lies neither in an expansion of aviation nor in putting more cars on additional highways. My choice would be the oldest mode of the three: rail. It is not a sentimental or nostalgic choice. The aviation industry, like the vast infrastructure for cars, is dangerously overbuilt. In recent years aviation has sucked regional boosters into ill-conceived drives for more airports and more flights, even short ones--all at immense expense...

Author: /time Magazine | Title: Can't You Hear the Whistle Blowing? | 8/26/2002 | See Source »

...answer to the nation's transportation problems clearly lies neither in an expansion of aviation nor in putting more cars on additional highways. My choice would be the oldest mode of the three: rail. It is not a sentimental or nostalgic choice. The aviation industry, like the vast infrastructure for cars, is dangerously overbuilt. In recent years aviation has sucked regional boosters into ill-conceived drives for more airports and more flights, even short ones - all at immense expense...

Author: /time Magazine | Title: Why Rail Travel Is the Future | 8/19/2002 | See Source »

...oldest baby boomers are now 56, and this aging demographic bulge, to use an unkind word, means that surging demand for things like hip replacements, Viagra and Caribbean cruises can't be far off. The problem facing investors is that Wall Street saw the "age wave" coming and long ago snatched the first opportunities. Nursing-home stocks, for example, had a torrid run in the early 1990s. But the industry overbuilt, and the stocks have lagged ever since. Financial-services stocks are a similar story. Wealth managers will no doubt be in increasing demand as a prosperous generation tends...

Author: /time Magazine | Title: How to Surf the Age Wave | 8/12/2002 | See Source »

Finding Toumai Man, the oldest hominid, in Chad [PALEONTOLOGY, July 22] fits in well with the theory of punctuated equilibrium developed by paleontologists Niles Eldridge and Stephen Jay Gould. [The theory explains why new species, rather than evolving gradually over millions of years, seem to suddenly appear in the fossil record, punctuating long periods of species stability, or equilibrium.] The Toumai fossil could have been a member of a peripherally isolated community that evolved into our oldest ancestors. You reported that several modern-looking hominids coexisted, and this also jibes with the introduction of members of an isolated community into...

Author: /time Magazine | Title: Letters: Aug. 12, 2002 | 8/12/2002 | See Source »

...oldest, best-known bath in Tokyo is the Azabu Juban Onsen, a real hot spring spouting from 500 m underground. This is an old-fashioned, no-frills establishment; you get a thin tenugui, or washcloth, upon admittance and nothing else. The locker room is grotty and the bath tiles stained. But aficionados travel from across the country to partake of the brownish waters, whose minerals are said to ease arthritis and other ailments. On weekends, bathers pack the large hall to lounge and eat noodles. Despite the grungy surroundings, it's an authentic taste of true onsen, or hot spring...

Author: /time Magazine | Title: Tokyo - A Bath with a View | 8/12/2002 | See Source »

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