In the financial sector, those whom the gods want to destroy they first teach math.

The West may collapse very suddenly. Complex civilizations do that, because they operate, most of the time, on the edge of chaos.

I can't imagine having a conversation about 'Celebrity Big Brother' in Cambridge, Massachusetts.

So much of liberalism in its classical sense is taken for granted in the west today and even disrespected. We take freedom for granted, and because of this we don't understand how incredibly vulnerable it is.

The Armenian genocide showed what could happen when empires were beaten into nations.

Oral history is a recipe for complete misrepresentation because almost no one tells the truth, even when they intend to.

When bond prices fall, interest rates soar, with painful consequences for all borrowers.