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.

Collective European Union action could mean no hiding places for evaders, no safe haven for tax avoiders, and no treasure islands for money launderers.

When fundraising, your network is critical. Leveraging it early and often is the key. Don't make the mistake of waiting until you need money to engage sources of capital.

Every country in the E.U. should make a personnel and a financial contribution in that area. We shouldn't leave alone countries like Italy and Greece that have external borders; rather, we must make the external borders safe together.

Happy is he who has gained the wealth of divine thoughts, wretched is he whose beliefs about the gods are dark.