http://www.sciforums.com/encyclopedia/Current_events

I wish this was updated more often. Its hilarious.
Anyways, why isn't Current Events current?

Well, anyone can have fun with it. Start with wanted pages:

http://www.sciforums.com/encyclopedia/Special:Wantedpages

What are wanted pages? Are they topics that need a page started about them? How do they make the list?

In existing article, authors can make a link that point to certain pages that still need to be created.
Those are wanted pages.
Or you can start adding material to existing pages.
That's the point, anyone can be editor.