The Dividing Line Between Wish

Cause And Effect, The Riddle Of All History, Is A Particular Devil In Financial History; And Never More So Than Today, Where Entire Classes Of Security Are Collapsing Not On Public Exchanges And Stock-tickers But Because There Are No Markets To Establish Prices This Side Of Nothing.

Were There Peace And Justice In The Middle East, The Arabs Would No More Need Their Tinhorn Dictators Than They Would Their Corpulent Princes.

Almost All Novels Are Improved By Cutting From The Top. On Their First Pages, Authors Parade Those Favourite Effects Which Disgust The Impartial Reader.

If Good History Is Dispassionate History, It Must Naturally Wait Until The Passions Of The Period Subside.

Governments Of Rich Countries Spend Some $6bn Of Tax Money A Year On Disaster Relief And Development Aid Overseas, While Each New Earthquake, Famine Or Tidal Wave Can Attract 1,000 Aid Organisations, From The United Nations Children's Fund And Oxfam To The 'jesus Brigades' Of The American South And Other Charitable Adventurers.