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In 1951, Princeton economics major Jack Bogle wrote a senior thesis extolling the virtues of the small but growing mutual-fund industry. At the time the reigning view of the stock market was that expressed 1 1/2 decades earlier by the great English economist (and speculator) John Maynard Keynes: it...

Author: /time Magazine | Title: Herd on the Street | 9/6/2007 | See Source »

Which is not to say the paper didn't have traditional journalistic virtues. Its writers and editors, many of whom had come from more respectable venues, like The New York Times and the Philadelphia (not the National) Inquirer, were past masters at the fine craft of attention-grabbing. A headline...

Author: /time Magazine | Title: The Late Great Weekly World News | 8/30/2007 | See Source »

In Diana's funeral week, what had been considered the virtues--the Roman virtues, an earlier generation would have called them--of restraint, stoicism and quiet, private mourning were tossed overboard. For Diana, you were allowed public gestures and declamations usually reserved for the final act of an Italian opera...

Author: /time Magazine | Title: The Diana Effect | 8/23/2007 | See Source »

I thought modern Britain showed the best of itself in the week after Diana died: a feeling and a compassion and an openness to emotional expression that it had for too long kept bottled up. But perhaps--as stock markets stumble and wars drag on--these are sterner times than...

Author: /time Magazine | Title: The Diana Effect | 8/23/2007 | See Source »

In the opening shots of "Vive Le Screwcap," Bonny Doon Vineyard's online video extolling the virtues of screwcapped wine, a faceless sommelier prepares for an evening at work, fastening his flashy cufflinks in a dimly lit boudoir. He reaches into a drawer full of corkscrews, scoops them up, and...

Author: /time Magazine | Title: Putting a Cap on Wine Corks | 8/22/2007 | See Source »

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