Contagion has become very much a phenomenon, and it's a phenomenon of globalization.

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.

There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs

Takeovers wouldn't cause the stock market to rise unless there is an upward reassessment of earnings (potential). People are more optimistic and confident about the future.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.

The only antidote to dangerous ideas is strong alternatives vigorously advocated.