A Historian Is Battling All The Time

If The Financial System Has A Defect, It Is That It Reflects And Magnifies What We Human Beings Are Like. Money Amplifies Our Tendency To Overreact, To Swing From Exuberance When Things Are Going Well To Deep Depression When They Go Wrong. Booms And Busts Are Products, At Root, Of Our Emotional Volatility.

The Rise Of The West Is, Quite Simply, The Pre-eminent Historical Phenomenon Of The Second Half Of The Second Millennium After Christ.

The Law Of Unintended Consequences Is The Only Real Law Of History.

In The Financial Sector, Those Whom The Gods Want To Destroy They First Teach Math.

The British Press Has An Insatiable Appetite For Making Public Things That Should Be Private. It's A Prurience That I've Never Understood.