As A Society We Can't

The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).

Sometimes Time Actually Works Against You If You Refuse To Face The Relevant Issues And Explain To The Public What Is At Stake.

When A Long-term Trend Loses It’s Momentum, Short-term Volatility Tends To Rise. It Is Easy To See Why That Should Be So: The Trend-following Crowd Is Disoriented.

We Must Recognize That As The Dominant Power In The World We Have A Special Responsibility. In Addition To Protecting Our National Interests, We Must Take The Leadership In Protecting The Common Interests Of Humanity.

As An Anonymous Participant In Financial Markets, I Never Had To Weigh The Social Consequences Of My Actions ... I Felt Justified In Ignoring Them On The Grounds That I Was Playing By The Rules.