The answer to "Why time appears to speed up with age" is to be found in the messy details of neurology, genetics and evolution, not in an aesthetically pleasing mathematical formula.
I'll just pick this one: it's almost as if this article was partly whimsical, and the idea was to inspire, not prove anything. And the aesthetics of both the formula and the argument are actually the point here. It's a kind of entertainment, not really science, and that's how it's supposed to be.
Also, this is Everything2, the article is from 2001, when there still was 3 people who knew what Everything2 is.
