Popular Delusions

“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one!”
Many years ago I bought a book called Extraordinary Popular Delusions and the Madness of Crowds. Written in 1841 by Charles Mackay, it examines times [...]

Dollar a year Men

Where are the captains of industry when we need them? There is precedent for business experts actually coming to the service of their country when we find ourselves in dire straights. And we are in a real crisis now, are we not?

When the United States entered World War I in 1917, the [...]

Where we are today

The economy is going down fast and still McCain is confused about what to do or what it all means.  He spouts platitudes and nonsense and is trying his hardest to explain how he could be saying “the fundamentals of the economy are sound.”  But is anyone listening to what is coming out of his [...]