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...only decisions in sketchy circumstances that get rationalized but also the texture of our immediate experience. We all feel we are conscious of a rich and detailed world in front of our eyes. Yet outside the dead center of our gaze, vision is amazingly coarse. Just try holding your hand a few inches from your line of sight and counting your fingers. And if someone removed and reinserted an object every time you blinked (which experimenters can simulate by flashing two pictures in rapid sequence), you would be hard pressed to notice the change. Ordinarily, our eyes flit from place...

Author: /time Magazine | Title: The Brain: The Mystery of Consciousness | 1/19/2007 | See Source »

...conservative economic program.In 1982, Musgrave, with 33 other economists, sent a letter to the White House criticizing Reagan’s economic policy as “extremely regressive in its impact on our society, redistributing wealth and power from the middle-class and poor to the rich,” The Crimson reported.“One never knows if this will have any effect on the President, but we felt it was important to speak out,” Musgrave told The Crimson at the time.‘DEEPLY COMMITTED’Cutler said he first...

Author: By Tina Wang, CRIMSON STAFF WRITER | Title: Renowned Economist Musgrave Dead at 96 | 1/19/2007 | See Source »

...against Iran, say, or the implosion of a massively leveraged hedge fund, or a loss of enthusiasm for the popular but perilous yen carry trade, whereby speculators borrow money cheaply in Japan's currency and then use it to bet on higher-return assets around the world. If that rich source of global liquidity were to dry up, the impact would be far greater than today's sanguine investors realize...

Author: /time Magazine | Title: Cruising to Disaster | 1/18/2007 | See Source »

DIED. Michael Brecker, 57, rich-toned, 11-time Grammy winner widely regarded as the most influential jazz saxophonist since John Coltrane; of leukemia; in New York City. A prized session player for artists from Chet Baker to Bruce Springsteen, he also dazzled as a front man in his own bands, including the rock fusion group the Brecker Brothers, with his trumpet-playing brother Randy. Of his early encounter with the dense, hypnotic riffs of Coltrane, who inspired him to become a professional musician, he said, "There seemed to be too many notes lying around. I kept listening to it, though...

Author: /time Magazine | Title: Milestones Jan. 29, 2007 | 1/18/2007 | See Source »

What happens biochemically, says McGaugh, is that when faced with an emotion-charged situation, such as a threat, our bodies release the stress hormones adrenaline and cortisol. Among other things, these signal the amygdala, a tiny, neuron-rich structure nestled inside the brain's medial temporal lobes, which responds by releasing another hormone, called norepinephrine. Norepinephrine does two important things. First, it kicks the body's autonomic nervous system into overdrive: the heart beats faster, respiration quickens, and the muscles tense in anticipation of a burst of physical exertion...

Author: /time Magazine | Title: The Brain: The Flavor Of Memories | 1/18/2007 | See Source »

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