I Admit It: I Had

But Wall Street People Are In Fact Very Smart; They're Funny, They're Not Company Men Who Work Their Way Up The Chain.

Asset Bubbles Have Happened Even Without Not-so-easy Money. And, In A Depressed Economy, Where Alternative Uses Of Money Are Not Great, People Are Going To Bid Up The Prices Of Profitable Corporations And Stuff Like That.

For Most Americans, Economic Growth Is A Spectator Sport.

Most People, I Suspect, Still Have In Their Minds An Image Of America As The Great Land Of College Education, Unique In The Extent To Which Higher Learning Is Offered To The Population At Large. That Image Used To Correspond To Reality. But These Days Young Americans Are Considerably Less Likely Than Young People In Many Other Countries To Graduate From College. In Fact, We Have A College Graduation Rate That's Slightly Below The Average Across All Advanced Economies.

Coming Up With A Good Idea, With An Insight Into The Way The World Works That Is Really New And That You Really Believe In, Is A Deeply Satisfying Experience.