When I First Came To Oxford, I

In The Financial Sector, Those Whom The Gods Want To Destroy They First Teach Math.

The British Press Has An Insatiable Appetite For Making Public Things That Should Be Private. It's A Prurience That I've Never Understood.

The West May Collapse Very Suddenly. Complex Civilizations Do That, Because They Operate, Most Of The Time, On The Edge Of Chaos.

If The Financial System Has A Defect, It Is That It Reflects And Magnifies What We Human Beings Are Like. Money Amplifies Our Tendency To Overreact, To Swing From Exuberance When Things Are Going Well To Deep Depression When They Go Wrong. Booms And Busts Are Products, At Root, Of Our Emotional Volatility.

Empires, Essentially, Create Order. In Their Absence, You Don't End Up With Lots Of Happy, Little Nation-states Full Of People Sitting Around Campfires Singing John Lennon's "imagine." What You End Up With Is Civil War, Anarchy.