Asia's Governments Come In Two Broad Varieties:

Economists Are Said To Disagree Too Much But In Ways That Are Too Much Alike: If Eight Sleep In The Same Bed, You Can Be Sure That, Like Eskimos, When They Turn Over, They'll All Turn Over Together.

Even Fans Of Actively Managed Funds Often Concede That Most Other Investors Would Be Better Off In Index Funds. But Buoyed By Abundant Self-confidence, These Folks Aren't About To Give Up On Actively Managed Funds Themselves. A Tad Delusional? I Think So. Picking The Best-performing Funds Is 'like Trying To Predict The Dice Before You Roll Them Down The Craps Table,' Says An Investment Adviser In Boca Raton, Fl. 'i Can't Do It. The Public Can't Do It.'

We're A Me-me-me Generation. We're Borrowing The Savings Of Every Nation In The World. We're ... Piling Up A Big Tab. Now, I May Think We're Too Big To Have A Run On Us. You May Think That. But It's Possible That God Does Not.

I Don't Care Very Much For The People Magazine Approach To Applied Economics.

If We Made An Income Pyramid Out Of A Child's Blocks, With Each Layer Portraying $1,000 Of Income, The Peak Would Be Far Higher Than The Eiffel Tower, But Almost All Of Us Would Be Within A Yard Of The Ground.