The Planet Will Continue To Cook.

Until The Great Depression, Most Economists Clung To A Vision Of Capitalism As A Perfect Or Nearly Perfect System. That Vision Wasn’t Sustainable In The Face Of Mass Unemployment, But As Memories Of The Depression Faded, Economists Fell Back In Love With The Old, Idealized Vision Of An Economy In Which Rational Individuals Interact In Perfect Markets.

It's A Funny Thing, By The Way, How People Who Love Free Markets Are Also Quite Sure That They Know That Investors Are Being Irrational.

The Problem Isn't That People Don't Understand How Good Things Are. It's That They Know, From Personal Experience, That Things Really Aren't That Good.

The Problem With Digital Books Is That You Can Always Find What You Are Looking For But You Need To Go To A Bookstore To Find What You Weren't Looking For.

I Predict That In The Years Ahead Enron, Not Sept. 11, Will Come To Be Seen As The Greater Turning Point In U.s. Society.