Good Questions Outrank Easy Answers.

The Recent Market Run-up That Appreciated Run-of-the- Mill Shares Also Chanced To Send Up Those Token Gold Holdings. Pure Luck, Undeserved And Unlikely To Reoccur. Good Questions Outrank Easy Answers.

Funeral By Funeral, Theory Advances.

Mea Culpa, Mea Culpa. Mit And Wharton And University Of Chicago Created The Financial Engineering Instruments, Which, Like Samson And Delilah, Blinded Every Ceo. They Didn't Realize The Kind Of Leverage They Were Doing And They Didn't Understand When They Were Really Creating A Real Profit Or A Fictitious One.

In This Age Of Specialization, I Sometimes Think Of Myself As The Last 'generalist' In Economics, With Interests That Range From Mathematical Economics Down To Current Financial Journalism. My Real Interests Are Research And Teaching.

It Isn't That Greed's Increased. What's Increased Is The Realization That You've Got A Free Field To Reach Out For What You'd Like To Do.