Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error.

TV producers want ratings and are willing to do nearly anything to get them. They gin up artificial conflicts and create an urgency for even the most minor of economic data points.

We love a tale of heroes and villains and conflicts requiring a neat resolution.

Any Wall Street advertising that does not go into the boring details of methodology is most likely to be pushing past performance.

You don't have a lot of time; you have to get it right. It's amazing how they create these episodes in such a short amount of time. They lavish a lot of care and money on each episode, and they just look terrific.

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

You stick a credit card in a machine, and you pay $3 or whatever it is to get cash - your own money.

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.