If Enough Of Us Stop

Regardless Of The Overall State Of The Economy, There Is Now A Large Enough Elite Made Up Of New Multi-millionaires And Billionaires For Wall Street To See The Group As "superconsumers," Able To Carry Consumer Demand All On Their Own.

Politics Hates A Vacuum. If It Isn't Filled With Hope, Someone Will Fill It With Fear.

The Theory Of Economic Shock Therapy Relies In Part On The Roleof Expectations On Feeding An Inflationary Process. Reining In Inflation Requires Not Only Changing Monetary Policy But Also Changing The Behavior Of Consumers, Employers And Workers. The Role Of A Sudden, Jarring Policy Shift Is That It Quickly Alters Expectations, Signaling To The Public That The Rules Of The Game Have Changed Dramatically - Prices Will Not Keep Rising, Nor Will Wages.

What Haunts Me Is Not Exactly The Absence Of Literal Space So Much As A Deep Craving For Metaphorical Space: Release, Escape, Some Kind Of Open-ended Freedom.

What We Have Been Living For Three Decades Is Frontier Capitalism, With The Frontier Constantly Shifting Location From Crisis To Crisis, Moving On As Soon As The Law Catches Up.