I Rely A Great Deal On Animal

Stock Market Bubbles Don't Grow Out Of Thin Air. They Have A Solid Basis In Reality, But Reality As Distorted By A Misconception.

I'll Tell You What I'd Do If It Were Up To Me: I Would Establish A Strictly Controlled Distribution Network Through Which I Would Make Most Drugs, Excluding The Most Dangerous Ones Like Crack, Legally Available. Initially I Would Keep The Prices Low Enough To Destroy The Drug Trade. Once That Objective Was Attained I Would Keep Raising The Prices, Very Much Like The Excise Duty On Cigarettes, But I Would Make An Exception For Registered Addicts In Order To Discourage Crime. I Would Use A Portion Of The Income For Prevention And Treatment. And I Would Foster Social Opprobrium Of Drug Use.

Markets Can Influence The Events That They Anticipate.

Of Course, Speculation Will Always Make A Crisis Worse. If There Is A Weak Point, It Will Expose It.

I Used To Be Opposed To The Idea Of Social Entrepreneurship. I Said, You Know, Let Business Be Business, And Philanthropy Be Philanthropy. Keep The Two Separate, Don't Mix It Up, And This Is What I Did, And I Did That Rather Successfully, But I Now Recognize That Actually You Do Need To Mix It Up And I Think There Is Room For Social Entrepreneurship.