There was a time – many years ago – when Time magazine was considered to be an American and international "institution." That explained why the world's movers and shakers paid a lot of attention to the individual that the founder Henry Luce and his successors picked as the magazine's Man of the Year. snip But gradually, Time magazine was transformed from that institution into the older and serious brother of People magazine, and now it has become, for all practical purposes, the Lenin Mausoleum of American journalism, an institutional corpse that is being preserved for some reason snip So we...