Dollars And Sense Quotes

There’s no way that Michael Jackson or whoever Jackson should have a million thousand droople billion dollars and then there’s people starving. There’s no way! There’s no way that these people should own planes and there people don’t have houses. Apartments. Shacks. Drawers. Pants! I know you’re rich. I know you got 40 billion dollars, but can you just keep it to one house? You only need ONE house. And if you only got two kids, can you just keep it to two rooms? I mean why have 52 rooms and you know there’s somebody with no room?! It just don’t make sense to me. It don’t.

USE COMMON SENSE. If somebody offers you a thousand dollars for this book, chances are their motives are not pure. Then again, a thousand dollars is a lot of money. Take the money and run.

I hate a song that makes you think that you are not any good. I hate a song that makes you think that you are just born to lose. Bound to lose. No good to nobody. No good for nothing. Because you are too old or too young or too fat or too slim or too ugly or too this or too that. Songs that run you down or poke fun at you on account of your bad luck or hard travelling. I am out to fight those songs to my very last breath of air and my last drop of blood. I am out to sing songs that will prove to you that this is your world and that if it has hit you pretty hard and knocked you for a dozen loops, no matter what color, what size you are, how you are built, I am out to sing the songs that make you take pride in yourself and in your work. And the songs that I sing are made up for the most part by all sorts of folks just about like you. I could hire out to the other side, the big money side, and get several dollars every week just to quit singing my own kind of songs and to sing the kind that knock you down still farther and the ones that poke fun at you even more and the ones that make you think that you've not got any sense at all. But I decided a long time ago that I'd starve to death before I'd sing any such songs as that. The radio waves and your movies and your jukeboxes and your songbooks are already loaded down and running over with such no good songs as that anyhow.

In this sense, littering is an exceedingly petty version of claiming a billion-dollar bank bailout or fraudulently claiming disability payments. When you throw trash on the ground, you apparently don’t see yourself as truly belonging to the world that you’re walking around in. And when you fraudulently claim money from the government, you are ultimately stealing from your friends, family, and neighbors—or somebody else’s friends, family, and neighbors. That diminishes you morally far more than it diminishes your country financially.

The growing number of gated communities in our nation is but one example of the obsession with safety. With guards at the gate, individuals still have bars and elaborate internal security systems. Americans spend more than thirty billion dollars a year on security. When I have stayed with friends in these communities and inquired as to whether all the security is in response to an actual danger I am told “not really," that it is the fear of threat rather than a real threat that is the catalyst for an obsession with safety that borders on madness. Culturally we bear witness to this madness every day. We can all tell endless stories of how it makes itself known in everyday life. For example, an adult white male answers the door when a young Asian male rings the bell. We live in a culture where without responding to any gesture of aggression or hostility on the part of the stranger, who is simply lost and trying to find the correct address, the white male shoots him, believing he is protecting his life and his property. This is an everyday example of madness. The person who is really the threat here is the home owner who has been so well socialized by the thinking of white supremacy, of capitalism, of patriarchy that he can no longer respond rationally. White supremacy has taught him that all people of color are threats irrespective of their behavior. Capitalism has taught him that, at all costs, his property can and must be protected. Patriarchy has taught him that his masculinity has to be proved by the willingness to conquer fear through aggression; that it would be unmanly to ask questions before taking action. Mass media then brings us the news of this in a newspeak manner that sounds almost jocular and celebratory, as though no tragedy has happened, as though the sacrifice of a young life was necessary to uphold property values and white patriarchal honor. Viewers are encouraged feel sympathy for the white male home owner who made a mistake. The fact that this mistake led to the violent death of an innocent young man does not register; the narrative is worded in a manner that encourages viewers to identify with the one who made the mistake by doing what we are led to feel we might all do to “protect our property at all costs from any sense of perceived threat. " This is what the worship of death looks like.

When I am high I couldn’t worry about money if I tried. So I don’t. The money will come from somewhere; I am entitled; God will provide. Credit cards are disastrous, personal checks worse. Unfortunately, for manics anyway, mania is a natural extension of the economy. What with credit cards and bank accounts there is little beyond reach. So I bought twelve snakebite kits, with a sense of urgency and importance. I bought precious stones, elegant and unnecessary furniture, three watches within an hour of one another (in the Rolex rather than Timex class: champagne tastes bubble to the surface, are the surface, in mania), and totally inappropriate sirenlike clothes. During one spree in London I spent several hundred pounds on books having titles or covers that somehow caught my fancy: books on the natural history of the mole, twenty sundry Penguin books because I thought it could be nice if the penguins could form a colony. Once I think I shoplifted a blouse because I could not wait a minute longer for the woman-with-molasses feet in front of me in line. Or maybe I just thought about shoplifting, I don’t remember, I was totally confused. I imagine I must have spent far more than thirty thousand dollars during my two major manic episodes, and God only knows how much more during my frequent milder manias. But then back on lithium and rotating on the planet at the same pace as everyone else, you find your credit is decimated, your mortification complete: mania is not a luxury one can easily afford. It is devastating to have the illness and aggravating to have to pay for medications, blood tests, and psychotherapy. They, at least, are partially deductible. But money spent while manic doesn’t fit into the Internal Revenue Service concept of medical expense or business loss. So after mania, when most depressed, you’re given excellent reason to be even more so.

Why can someone get so sick that the only way to get better is to make them more sick? It’s like the world’s longest exorcism. It doesn’t make sense that I can chat with someone live on a tiny screen, that governments spend billions of dollars on war and mayhem, that actors make millions of dollars to just look pretty and skinny, yet no one can fucking fi gure out how to cure cancer without torturing people.

People are trying so hard to live through their children. And the children keep trying so hard to live up to their parents, or live them down. Everybody's living through or for or against somebody else. It doesn't make too much sense, and it isn't working too well.

If you won 600 million dollars in the lottery, would you go out the next day and break into cars to steal the change from the cup holders? That’s what sleeping around is like when you’ve already found a woman who will pledge her life and her entire being to you for the remainder of her existence. You tell me that you are in an “open marriage.” I will probably be lambasted for “judging” you for it, but, sorry Professor, an “open marriage” makes about as much sense as a plane without wings or a boat that doesn’t float. Marriages, by definition, are supposed to be closed. Actually, I’m getting rather tired of people like you trying to hijack the institution, strip it of its beauty and purpose, and convert it into some shallow little thing that suits your vices.

Writing for the sake of writing, writing that draws its credibility from its very existence, is a foreign idea to most Americans. As a culture, we want cash on the barrel head. We want writing to earn dollars and sense so that it makes sense to us. We have a conviction—which is naive and misplaced—that being published has to do with being “good” while not being published has to do with being “amateur.” ... “Did you write today?” “Yes.” “Then you’re a writer today.” It would be lovely if being a writer were a permanent state that we could attain to. It’s not, or if it is, the permanence comes posthumously. A page at a time, a day at a time, is the way we must live our writing lives. Credibility lies in the act of writing. That is where the dignity is. That is where the final “credit” must come from.

Make sense, then you'll make dollars.

When I went on my first antidepressant it had the side effect of making me fixated on suicide (which is sort of the opposite of what you want). It’s a rare side effect so I switched to something else that did work. Lots of concerned friends and family felt that the first medication’s failure was a clear sign that drugs were not the answer; if they were I would have been fixed. Clearly I wasn’t as sick as I said I was if the medication didn’t work for me. And that sort of makes sense, because when you have cancer the doctor gives you the best medicine and if it doesn’t shrink the tumor immediately then that’s a pretty clear sign you were just faking it for attention. I mean, cancer is a serious, often fatal disease we’ve spent billions of dollars studying and treating so obviously a patient would never have to try multiple drugs, surgeries, radiation, etc., to find what will work specifically for them. And once the cancer sufferer is in remission they’re set for life because once they’ve learned how to not have cancer they should be good. And if they let themselves get cancer again they can just do whatever they did last time. Once you find the right cancer medication you’re pretty much immune from that disease forever. And if you get it again it’s probably just a reaction to too much gluten or not praying correctly. Righ

You could buy a suckling pig with it, if you want to. You could raise it, and it would raise a litter of pigs, worth four, five dollars apiece. Or you can trade that half-dollar for lemonade, and drink it up. You do as you want, it's your money.

I miss my old paycheck and the sense of pride, power, and worth that it gave me. I make a lot less money now. A lot less. But what I’ve lost in dollars, I’ve gained in time. I have time in the afternoons now to help Charlie and Lucy with their homework, to play Wii with them, to watch Charlie’s soccer games, to take a nap with Linus. I can’t wait to spend afternoons snowboarding. I have time to paint a portrait of Lucy (my only child who will sit still long enough) or the apples we picked at the local orchard. I have time to read novels, to meditate, to watch the deer walk across the backyard, to have dinner every night with my family. Less money, more time. So far, the trade-off has been worth every penny.

Among the greatest external costs imposed in a society can be those imposed politically by legislators and officials who pay no costs whatever, while imposing billions of dollars in costs on others, in order to respond to political pressures from advocates of particular interests or ideologies.

It doesnt matter how much education you have or how much money you make, it's the way you think about money that determines how much you have.

The first step toward getting out of debt is to quit dang charging!

Happiness too often seems to be less a reflection of our actual happiness and more a reflection of the ways in which we compare ourselves to others.

Fundamentally, when we value effort over outcome, we’re paying for incompetence.

Eating is an agricultural act," Wendell Berry famously wrote, by which he meant that we are not just passive consumers of food but cocreators of the systems that feed us. Depending on how we spend them, our food dollars can either go to support a food industry devoted to quantity and convenience and "value" or they can nourish a food chain organized around values--values like quality and health. Yes, shopping this way takes more money and effort, but as soon as you begin to treat that expenditure not just as shopping but also as a kind of vote--a vote for health in the largest sense--food no longer seems like the smartest place to economize.

SMART My dad gave me one dollar bill 'Cause I'm his smartest son, And I swapped it for two shiny quarters 'Cause two is more than one! And then I took the quarters And traded them to Lou For three dimes - I guess he don't know That three is more than two! Just then, along came old blind Bates And just 'cause he can't see He gave me four nickels for my three dimes, And four is more than three! And I took the nickels to Hiram Coombs Down at the seed-feed store, And the fool gave me five pennies for them, And five is more than four! And then I went and showed my dad, And he got red in the cheeks And closed his eyes and shook his head - Too proud of me to speak!

I don't think you understand," said Milo timidly as the watchdog growled a warning. "We're looking for a place to spend the night." "It's not yours to spend," the bird shrieked again, and followed it with the same horrible laugh. "That doesn't make any sense, you see—" he started to explain. "Dollars or cents, it's still not yours to spend," the bird replied haughtily. "But I didn't mean—" insisted Milo. "Of course you're mean," interrupted the bird, closing the eye that had been open and opening the one that had been closed. "Anyone who'd spend a night that doesn't belong to him is very mean." "Well, I thought that by—" he tried again desperately. "That's a different story," interjected the bird a bit more amiably. "If you want to buy, I'm sure I can arrange to sell, but with what you're doing you'll probably end up in a cell anyway." "That doesn't seem right," said Milo helplessly, for, with the bird taking everything the wrong way, he hardly knew what he was saying. "Agreed," said the bird, with a sharp click of his beak, "but neither is it left, although if I were you I would have left a long time ago.

Is it really necessary to reward the CEO with several million dollars? Why isn’t it logical or common sense to pay the minimum-wage employee another quarter, give a quarterly fifty-dollar bonus, or even provide a two-hundred-dollar gas gift card?

Most people worry about their money. So why in the heck would you want to be like most people?

This dynamic is key: We are, of course, constantly fighting the complex nature of money and our own failure to consider opportunity costs.

For he had learned tonight that love was not enough. There had to be a higher devotion than all the devotions of this fond imprisonment. There had to be a larger world than this glittering fragment of a world with all its wealth and privilege. Throughout his whole youth and early manhood, this very world of beauty, ease, and luxury, of power, glory, and security, had seemed the ultimate end of human ambition, the furthermost limit to which the aspirations of any man could reach. But tonight, in a hundred separate moment of intense reality, it had revealed to him its very core. He had seen it naked, with its guards down. He had sensed how the hollow pyramid of a false social structure had been erected and sustained upon a base of common mankind's blood and sweat and agony...Privilege and truth could not lie down together. He thought of how a silver dollar, if held close enough to the eye, could blot out the sun itself. There were stronger, deeper tides and currents running in America than any which these glamorous lives tonight had ever plumbed or even dreamed of. Those were the depths he would like to sound.

​The cost to rent an apartment in some major cities can climb to more than $4,000 per month, and we don’t seem to blink. The price of gas rises 15 cents, and it can swing a national election.

Deniers build their pseudo-arguments on traditional anti-Semitic stereotypes and imagery. They contend that Jews created the myth of the Holocaust in order to bilk the Germans out of billions of dollars and ensure the establishment of Israel. Once again the devious Jews have harmed innocent multitudes—Germans and Palestinians in particular—for the sake of their own financial and political ends. To someone nurtured by the soil of anti-Semitism, this makes perfect sense. -- The Eichmann Trial, page xx

7. Make dedicated time for practice. The time you spend acquiring a new skill must come from somewhere. Unfortunately, we tend to want to acquire new skills and keep doing many of the other activities we enjoy, like watching TV, playing video games, et cetera. I’ll get around to it, when I find the time, we say to ourselves. Here’s the truth: “finding” time is a myth. No one ever “finds” time for anything, in the sense of miraculously discovering some bank of extra time, like finding a twenty-dollar bill you accidentally left in your coat pocket. If you rely on finding time to do something, it will never be done. If you want to find time, you must make time.

Depending on how we spend them, our food dollars can either go to support a food industry devoted to quantity and convenience and “value” or they can nourish a food chain organized around values—values like quality and health. Yes, shopping this way takes more money and effort, but as soon you begin to treat that expenditure not just as shopping but also as a kind of vote—a vote for health in the largest sense—food no longer seems like the smartest place to economize.

In all these assaults on the senses there is a great wisdom — not only about the addictiveness of pleasures but about their ephemerality. The essence of addiction, after all, is that pleasure tends to desperate and leave the mind agitated, hungry for more. The idea that just one more dollar, one more dalliance, one more rung on the ladder will leave us feeling sated reflects a misunderstanding about human nature — a misunderstanding, moreover, that is built into human nature; we are designed to feel that the next great goal will bring bliss, and the bliss is designed to evaporate shortly after we get there. Natural selection has a malicious sense of humor; it leads us along with a series of promises and then keeps saying ‘Just kidding.’ As the Bible puts it, ‘All the labour of man is for his mouth, and yet the appetite is not filled.’ Remarkably, we go our whole lives without ever really catching on. The advice of the sages — that we refuse to play this game — is nothing less than an incitement to mutiny, to rebel against our creator. Sensual pleasures are the whip natural selection uses to control us to keep us in the thrall of its warped value system. To cultivate some indifference to them is one plausible route to liberation. While few of us can claim to have traveled far on this route, the proliferation of this scriptural advice suggests it has been followed some distance with some success.

Here we come to the central question of this book: What, precisely, does it mean to say that our sense of morality and justice is reduced to the language of a business deal? What does it mean when we reduce moral obligations to debts? What changes when the one turns into the other? And how do we speak about them when our language has been so shaped by the market? On one level the difference between an obligation and a debt is simple and obvious. A debt is the obligation to pay a certain sum of money. As a result, a debt, unlike any other form of obligation, can be precisely quantified. This allows debts to become simple, cold, and impersonal-which, in turn, allows them to be transferable. If one owes a favor, or one’s life, to another human being-it is owed to that person specifically. But if one owes forty thousand dollars at 12-percent interest, it doesn’t really matter who the creditor is; neither does either of the two parties have to think much about what the other party needs, wants, is capable of doing-as they certainly would if what was owed was a favor, or respect, or gratitude. One does not need to calculate the human effects; one need only calculate principal, balances, penalties, and rates of interest. If you end up having to abandon your home and wander in other provinces, if your daughter ends up in a mining camp working as a prostitute, well, that’s unfortunate, but incidental to the creditor. Money is money, and a deal’s a deal. From this perspective, the crucial factor, and a topic that will be explored at length in these pages, is money’s capacity to turn morality into a matter of impersonal arithmetic-and by doing so, to justify things that would otherwise seem outrageous or obscene. The factor of violence, which I have been emphasizing up until now, may appear secondary. The difference between a “debt” and a mere moral obligation is not the presence or absence of men with weapons who can enforce that obligation by seizing the debtor’s possessions or threatening to break his legs. It is simply that a creditor has the means to specify, numerically, exactly how much the debtor owes.

Man is extremely uncomfortable with uncertainty. To deal with his discomfort, man tends to create a false sense of security by substituting certainty for uncertainty. It becomes the herd instinct. —BENNETT W. GOODSPEED, THE TAO JONES AVERAGES

Ethanol is a volatile, flammable, colourless liquid with a slight chemical odour. It is used as an antiseptic, a solvent, in medical wipes and antibacterial formulas because it kills organisms by denaturing their proteins. Ethanol is an important industrial ingredient. Ethanol is a good general purpose solvent and is found in paints, tinctures, markers and personal care products such as perfumes and deodorants. The largest single use of ethanol is as an engine fuel and fuel additive. In other words, we drink, for fun, the same thing we use to make rocket fuel, house paint, anti-septics, solvents, perfumes, and deodorants and to denature, i.e. to take away the natural properties of, or kill, living organisms. Which might make sense on some level if we weren’t a generation of green minded, organic, health-conscious, truth seeking individuals. But we are. We read labels, we shun gluten, dairy, processed foods, and refined sugars. We buy organic, we use natural sunscreen and beauty products. We worry about fluoride in our water, smog in our air, hydrogenated oils in our food, and we debate whether plastic bottles are safe to drink from. We replace toxic cleaning products with Mrs. Myers and homemade vinegar concoctions. We do yoga, we run, we SoulCycle and Fitbit, we go paleo and keto, we juice, we cleanse. We do coffee enemas and steam our yonis, and drink clay and charcoal, and shoot up vitamins, and sit in infrared foil boxes, and hire naturopaths, and shamans, and functional doctors, and we take nootropics and we stress about our telomeres. These are all real words. We are hyper-vigilant about everything we put into our body, everything we do to our body, and we are proud of this. We Instagram how proud we are of this, and we follow Goop and Well+Good, and we drop 40 bucks on an exercise class because there are healing crystals in the floor. The global wellness economy is estimated to be worth $4 trillion. $4 TRILLION DOLLARS. We are on an endless and expensive quest for wellness and vitality and youth. And we drink fucking rocket fuel.

The accepted version of history is that the Federal Reserve was created to stabilize our economy. One of the most widely-used textbooks on this subject says: "It sprang from the panic of 1907, with its alarming epidemic of bank failures: the country was fed up once and for all with the anarchy of unstable private banking."23 Even the most naive student must sense a grave contradiction between this cherished view and the System's actual performance. Since its inception, it has presided over the crashes of 1921 and 1929; the Great Depression of '29 to '39; recessions in '53, '57, '69, '75, and '81; a stock market "Black Monday" in '87; and a 1000% inflation which has destroyed 90% of the dollar's purchasing power.24

Even though Mr. Dalton gave millions of dollars for Negro education, he would rent houses to Negroes only in this prescribed area, this corner of the city tumbling down from rot. In a sullen way Bigger was conscious of this. Yes; he would send the kidnap note. He would jar them out of their senses. When

It was getting harder, however. American magazines still looked shiny and lively, but by the early 1960s, writers like Flora were sensing trouble. With television's exploding popularity, more and more people were staring at screens instead of turning pages. Big corporations like car manufacturers were pulling their advertising dollars out of print and spending them on the airwaves. Magazines were bleeding ad pages and readers, and editors scrambled to balance budgets by retooling audiences.

Whether you make $100 a week or $100,000 a week, if you spend more than what you make, you will be broke.

Even smart people spend their money on stupid stuff.

You don't have to make a lot of money to have a lot of money.

Money will not buy you long-term happiness, but money will give you choices.

If your retirement plan is to win the lottery, you will have to work forever as a greeter at the local shopping center and eat cat food for supper.

Sense will buy you more than dollars.

Free is a strange price, and yes, it is a price.

Which would you buy? A dress shirt priced at $60 or the very same dress shirt, priced at $100, but “On Sale! 40% off! Only $60!”?

rather than trying to work hard and figure out an item’s absolute value, when given the choice, we take the path of relatively least resistance.

What is more, when the funds do run dry, blacks, having never learned how the dollars were earned, will be left in the position of once again needing to beg the government for survival. Handouts absent hard work render men weak, and with depleted self-esteem; they stifle the entrepreneurial spirit, by removing our innate senses of drive and aspiration. Poverty and despair become the life of the man who is given a fish but never learns to cast his own line. And though many will sympathize, prosperity will never be won until we become our own lifeline.

One young fellow pointed to another steamer in the distance, and said it was the Lady of the Lake, a United States vessel which until recently was thought to be the fastest boat on the Lake; but she had just lost a trial-of-speed race to the new Royal Mail Standard boat, the Eclipse, which outran her by four minutes and a half. And I said didn't that make him proud, and he said no, because he had bet a dollar on the Lady. And all present laughed. Then something came clear to me which I used to wonder about. There is a quilt pattern called Lady of the Lake, which I thought was named for the poem; but I could never find any lady in the pattern, nor any lake. But now I saw the boat was named for the poem, and the quilt was named for the boat; because it was a pinwheel design, which must have stood for the paddle going around. And I thought that things did make sense, and did have a design to them, if only you pondered them long enough. And so perhaps might be with recent events, which at the moment seemed to me entirely senseless; and finding out the reason for the quilt pattern was a lesson to me, to have faith.

Are these logical choices? No. Are they the right choices? Often not. Are they the easy choices? Absolutely. Most of us take the easy choice, most of the time. That’s one of our big problems.

Now look: Droplets of oil were dotted across the front of her best dress, over the mound of her stomach. She was clumsy and fat-stomached and she didn't even have the sense to wear an apron while she was cooking. Also she had paid way too much for this dress, sixty-four dollars at Hecht's, which would scandalize Ira if he knew. How could she have been so greedy? She dabbed at her nose with the back of her hand. Took a deep breath. Well. Anyhow.

because we have no way of really knowing how much this precious widget is worth, we compare the price now to the price before the sale (called the “regular” price), and take that as an indicator of its high current amazing value.

Right, you see that girl over there, the one in that group that keeps looking right at you?'...'Right, let's say I'm convinced she's wearing black knickers - she looks like a black knickers kind of gal to me - and I'm so sure that's what she's wearing, so positive of that sartorial fact, I want to bet a million dollars on it. The trouble is, if I'm wrong, I'm wiped out. So I also bet she's wearing knickers that aren't black, but are any one of a whole basket of colours - let's say I put nine hundred and fifty thousand dollars on that possibility: that's the rest of the market; that's the hedge. This is a crude example, okay, in every sense, but hear me out. Now if I'm right, I make fifty K, but even if I'm wrong I'm going to lose fifty K, because I'm hedged. And because ninety-five per cent of my million dollars is not in use - I'm never going to be called on to show it: the only risk is in the spread - I can make similar bets with other people. Or I can bet it on something else entirely. And the beauty of it is I don't have to be right all the time - if I can just get the colour of her underwear right fifty-five per cent of the time I'm going to wind up very rich...

I believe we can be serious and optimistic. I believe we can recognize the overwhelming odds against us and forge coalitions that overcome the odds. The point of beginning is not political strategy. It is a shared sense of necessity, an understanding that we must act. I believe that Americans, battered by job losses and wage stagnation, angered by inequality and injustice, have come to this understanding. I hear Americans saying loudly and clearly: enough is enough [. . .] When we declare, "Enough is enough," we are demanding a country and a future that meets the needs of the vast majority of Americans: a country and a future where it is hard to buy elections and easy to vote in them; a country and a future where tax dollars are invested in jobs and infrastructure instead of jails and incarceration; a country and a future where we have he best educated workforce and the widest range of opportunities for every child and every adult; a country and future where we take the steps necessary to ending systemic racism; a country and a future where we assure once and for all that no one who works forty hours a week will live in poverty [. . .] When we stand together there is nothing, nothing, nothing we cannot accomplish.

If you are a self-possessed man with a healthy sense of detachment from your bank account and someone writes you a cheque for tens of millions of dollars you probably behave as if you have won a sweepstake, kicking your feet in the air and laughing yourself to sleep at night at the miracle of your good fortune. But if your sense of self-worth is morbidly wrapped up in your financial success you probably believe you deserve everything you get. You take it as a reflection of something grand inside you. You acquire gravitas,

It just got ugly in the 1970s for New Journalism, hastened by the decline of general interest magazine. So what happened? Television, mostly, which siphoned away readers and ad dollars, turned celebrity culture into a growth industry, and assured the end of Life, the Saturday Evening Post, and Collier’s – magazine that had published Mailer, Didion, Hersey, and many others. Esquire, New York, and Rolling Stones were no longer must-reads for an engaged readership that couldn’t wait for the next issue to arrive in their mailboxes, eager to find out what Wolfe, Talese, Thompson, and the rest had in store for them. As the seventies drew to a close, so, too, did the last golden era of American journalism. But there was also a sense of psychic exhaustion – that the great stories had all been told and there was nothing left to write about.

The Social Security system is a $75 trillion problem. Again, just to give you a sense of scale: Let’s say you started a business the day Jesus Christ was born. Let’s say you weren’t exactly a good businessman, and your business lost a million dollars every day—right through yesterday. How much longer would it take before your losses added up to $1 trillion? About 718 more years should do it, give or take a few months. And that’s just one trillion. Multiply that by seventy-five, and you have the size of the Social Security problem. That’s the amount it would take to fully fund Social Security for all current workers and retirees. To realize the magnitude of the problem we’re facing, consider the fact that the total of all wealth in America is about $60 trillion. We could confiscate every item of value from every American household, including cash and investments, and apply the value to the problem—and still not have enough money to fund Social Security fully.

A T-shirt is a T-shirt. Spending hundreds of dollars on it doesn't elevate it. He was under-dressed, even if his casual outfit did cost more than my suit and tie. I once had another fashion victim tell me, 'This T-shirt cost twelve thousand dollars!' What difference does that make? If that's the message you want to send about yourself and your fashion sense, you should wear the price tag, or that should be the message on your T-shirt: 'Hi. This T-shirt costs more than a semester of college.' Or: 'Hi. I have money to burn. Please help me get rid of all this wealth.' And my shirt, in turn, would say, 'Great. Please write a $12,000 check to charity.

Dwight Eisenhower’s first two years in office actually cut the budget substantially, though not dramatically, below the previous year. Now we have “budget cuts” which are not cuts, but rather substantial increases over the previous year’s expenditures. “Cut” became subtly but crucially redefined as reducing something else. What the something else might be didn’t seem to matter, so long as the focus was taken off actual dollar expenditures. Sometimes it was a cut “in the rate of increase,” other times it was a cut in “real” spending, at still others it was a percentage of GNP, and at yet other times it was a cut in the sense of being below past projections for that year.

From birth to death and further on As we were born and introduced into this world, We had a gift hard to express by word And somewhere in our continuous road, It kind of lost it sense and turned. There was that time we sure remember, When everything was now and 'till forever Children with no worries and no regrets, The only goal was making a few friends. But later on everything has changed, By minds that had it all arranged To bring the people into stress, Into creating their own mess. We have been slaved by our own mind, Turned into something out of our kind Slowly faded away from the present time, Forced to believe in lies, in fights and crime. They made it clearly a fight of the ego, A never ending war that won't just go They made it a competitive game, To seek selfish materialistic fame. They turned us one against eachother, Man against man, brother against brother Dividing us by religion and skin color, Making us fight to death over a dollar. Making us lose ourselves in sadly thoughts, Wasting our days by living in the past Depressed and haunted by the memories, And yet still hoping to fly in our dreams. Some of us tried learning how to dance, Step after step, giving our soul a new chance Some of us left our ego vanish into sounds, Thus being aware of our natural bounce. Some tried expressing in their rhymes, The voice of a generation which never dies They reached eternity through poetry Leaving the teachings that shall fulfill the prophecy Others have found their way through spirituality, Becoming conscious of the human duality Seeking the spiritual enlightenment, Of escaping an ego-oriented fighting Science, philosophy, religion, Try to explain the human origin. Maybe changes are yet to come, And it shall be better for some Death's for the spirit not an end, But a relieving of the embodiment So I believe that furthermore, We'll understand the power of our soul But leaving behind all we know, And all that we might not yet know It all resumes to that certain truth, That we all seek to once conclude.

The streets were full of hurrying people who walked as though they had been wound up and were directed by some unseen control. Many of the men carried dispatch cases and brief cases and I gripped mine with a sense of importance. And here and there I saw Negroes who hurried along with leather pouches strapped to their wrists. They reminded me fleetingly of prisoners carrying their leg irons as they escaped from a chain gang. Yet they seemed aware of some self-importance, and I wished to stop one and ask him why he was chained to his pouch. Maybe they got paid well for this, maybe they were chained to money. Perhaps the man with rundown heels ahead of me was chained to a million dollars!

Well, Jack, we have taken the Macedonian, and your share of the prize, if we get her in safely, may be two hundred dollars; what will you do with it?” Stephen Decatur, commanding the frigate United States, North Atlantic, near the Azores Islands, 1812. “One hundred will go to my mother, sir, and the other I shall spend on schooling.” Jack Creamer, aged ten.

For Freedman, prevention is more than just good medicine; it’s common sense. Billions of dollars are spent each year on developing drugs to treat the symptoms of mental illness after it already manifests. What if some of that money were spent on prevention, not just in the womb but in childhood? Think of all the young people who develop mental illness out of sight of anyone who can help them. What if some of those breakdowns—even suicides—could be prevented, by shoring up the mind’s vulnerability before things get worse? “The National Institute of Mental Health spends only $4.3 million on fetal prevention research, all of it for studies in mice, from its yearly $1.4 billion budget,” Freedman noted recently. “Yet half of young school shooters have symptoms of developing schizophrenia.

BE CREATIVE. Your post-fifty years should be your most creative time. You have wisdom of experience and freedom to apply it where you want. Avoid metaphors such as you are on the “back nine.” This denigrates the impact you can have. DON’T BE A DILETTANTE. Don’t just do a portfolio of things. Whatever you get involved with, have accountability and consequence. Drive it. FIND PEOPLE WHO HAVE VITALITY. Surround yourself with them; engage with them. Often they will be younger. APPLY YOUR GIFTS. Figure out what you are uniquely good at, what sets you apart. And understand the things inside you that give you a sense of purpose. Then apply them. DON’T WASTE TIME WORRYING ABOUT THE FUTURE. Allow serendipity to play a role. Most of the turning points in life cannot be predicted or controlled.

I know how easy it is to sound like a corny version of Noam Chomsky when talking about something like this, but in a country where millions of dollars are spent on nuclear weapons, corporate welfare, and many ridiculous things, doesn't it just make sense to take care of people first? As soon as we can make the South Bronx, Compton, Taos, and Astoria look like Beverly Hills I'll have no problem watching a guy orbit Mars.

So does TV watching create inner space? Does it cause you to be present? Unfortunately, it does not. Although for long periods your mind may not be generating any thoughts, it has linked into the thought activity of the television show. It has linked up with the TV version of the collective mind, and is thinking its thoughts. Your mind is inactive only in the sense that it is not producing thoughts. It is, however, continuously absorbing thoughts and images that come through the TV screen. This induces a trancelike passive state of heightened susceptibility, not unlike hypnosis. That is why it lends itself to manipulation of “public opinion,” as politicians and special-interest groups as well as advertisers know and will pay millions of dollars to catch you in that state of receptive unawareness. They want their thoughts to become your thoughts, and usually they succeed. So when watching television, the tendency is for you to fall below thought, not rise above it. Television has this in common with alcohol and certain other drugs. While it provides some relief from your mind, you again pay a high price: loss of consciousness. Like those drugs, it too has a strong addictive quality. You reach for the remote control to switch off and instead find yourself going through all the channels.

Self-evident, isn’t it? You don’t have to study for four years in Harvard to discover that. Yet I know and you know department store owners who will rent expensive space, buy their goods economically, dress their windows appealingly, spend thousands of dollars in advertising and then hire clerks who haven’t the sense to be good listeners—clerks who interrupt customers, contradict them, irritate them, and all but drive them from the store.

People with serious illness have priorities besides simply prolonging their lives. Surveys find that their top concerns include avoiding suffering, strengthening relationships with family and friends, being mentally aware, not being a burden on others, and achieving a sense that their life is complete. Our system of technological medical care has utterly failed to meet these needs, and the cost of this failure is measured in far more than dollars.

World is full of people so troubled they don’t even understand themselves. You could offer them a thousand dollars to explain their motivations, but they can’t tell you what they don’t know. And most of those miserable creatures find their way through here soon enough. So, I’m sorry, Mr. McCann. If there was a reason, it died with her. But if you ask me, it’s a question that never had an answer. Because there’s just no explanation that makes a lick of sense.

The basic reason for Germany’s lack of competitiveness, however, was not political in this crude sense. The basic problem was the uncompetitive exchange rate of the Reichsmark. As we have seen, this fundamental misalignment had first emerged in the autumn of 1931 after the devaluation of sterling. The second shock had come in April 1933 with the devaluation of the dollar. By 1933 only 20 per cent of world trade was still conducted between countries with currencies fixed in terms of gold. Germany’s failure to follow this trend meant that the prices of its exports, translated at the official exchange rate of the Reichsmark, were grossly uncompetitive. This was not a matter of particular industries or sectors. It was not a matter of high wages, or excessive taxes and social levies. At prevailing exchange rates, the entire system of prices and wages in Germany was out of line with that prevailing in most of the rest of the world economy.

The story Lucas labored over for years was in many senses a product of its time and the eras that had preceded it, but the dream he captured on celluloid turned out to be utterly malleable and exportable. Star Wars might just have the power to make Diné cool again. But isn’t this just a form of American cultural imperialism, in which Native people are surrendering to the forces of Hollywood? Wheeler has two words for that notion: “C’mon, dude.” Star Wars is not Hollywood.

opportunity. The bizarre codes on the pages she’d sorted for Randy suddenly made sense. They must have been the files that kept track of where the bank had stashed millions of dollars. Jim wanted the money out, and so did the Covellis. The Mob was somehow involved with the bank’s dealings, and Carmichael worked for them. Being a bartender was just a facade. Beatrice hadn’t known him at all. But Tony and Max had known him, she realized. Tony was a police detective; he was the one who told her about the Covellis in the first place. He must have known. Every word Carmichael might have overheard at the bar replayed in her mind—her conversations with Tony about snooping around the bank, the missing safe deposits, the missing master key. Maybe Tony had wanted Carmichael to hear. The old man pointed the gun at Teddy in her head. Maybe the Covellis would bring down the bank if law enforcement failed. No one, not even Tony, suspected that she and Max had the power to do anything but run. Max was right. They all underestimated women like them. Beatrice stepped out from behind the curtain with the keys in her hand and crept toward the vault. CHAPTER 72 Friday, August 28, 1998 A black-and-white photograph of two women looked up from Box 547 in the yellow glow of the detective’s flashlight. They were smiling. The glass in the silver picture frame was cracked. Iris picked it up and handed it to Detective McDonnell. Underneath it she found a brown leather book and a candle. That was it. “What the hell is this?” Iris

I felt so revived in spirit that I put five dollars in the plate, and afterward, in front of the church, shook hands warmly with the minister and as many of the congregation as I could. It gave me a lovely sense of evil-doing that lasted clear through till Tuesday. I even considered beating Charley to give him some satisfaction too, because Charley is only a little less sinful than I am. All across the country I went to church on Sundays, a different denomination every week, but nowhere did I find the quality of that Vermont preacher.

The Costs of War Project at Brown University reports that over 6,800 US troops have died in the Afghanistan and Iraq wars. In addition, the Costs of War Project says at least 6,780 US contractors, rarely counted, should be included in the American death toll. Suicides by American veterans number into the thousands and are not counted in battle-related deaths. Hundreds of thousands of Iraqi and Afghan citizens have died as well. Total dollar costs for the wars will exceed $4 trillion. I predict it will cost even more since the total tally won’t be in for decades. And it’s not over yet. Even in 2013 we still had over 100,000 Department of Defense contractors in Afghanistan. And we’re not about to close down the biggest embassy in the world in Baghdad. There are no plans to actually leave either country. Yet there are plenty of plans to maintain and to expand our presence worldwide as we deal with Syria, Lebanon, Iran, or wherever our US Empire chooses. Killing hundreds of thousands of the so-called enemy makes no sense given that most of them had no involvement in 9/11. This is pure bloodlust.

Lots of concerned friends and family felt that the first medication’s failure was a clear sign that drugs were not the answer; if they were I would have been fixed. Clearly I wasn’t as sick as I said I was if the medication didn’t work for me. And that sort of makes sense, because when you have cancer the doctor gives you the best medicine and if it doesn’t shrink the tumor immediately then that’s a pretty clear sign you were just faking it for attention. I mean, cancer is a serious, often fatal disease we’ve spent billions of dollars studying and treating so obviously a patient would never have to try multiple drugs, surgeries, radiation, etc., to find what will work specifically for them. And once the cancer sufferer is in remission they’re set for life because once they’ve learned how to not have cancer they should be good. And if they let themselves get cancer again they can just do whatever they did last time. Once you find the right cancer medication you’re pretty much immune from that disease forever. And if you get it again it’s probably just a reaction to too much gluten or not praying correctly. Right?

Men want the sense of power more than they want the sense of freedom….They want someone dependent on them more than they want a comrade. As long as they can be lords in a thirty-dollar flat, they are willing enough to be slaves in the great world outside…. In short, they are afraid that they will cease to be sultans in little monogamic harems. But the world doesn’t want sultans. It wants men who can call their souls their own. And that is what feminism is going to do for men—give them back their souls, so that they can risk them fearlessly in the adventure of life.

Feminism is going to make it possible for the first time for men to be free. At present the ordinary man has the choice between being a slave and being a scoundrel. For the ordinary man is prone to fall in love and marry and have children…. He wants to see them all taken care of, since they are unable to take care of themselves. Yet, if he has them to think about, he is not free…. The bravest things will not be done in the world until women do not have to look to men for support…. [But] men don’t want the freedom that women are thrusting on them. They don’t want a chance to be brave…. They want to give food and clothes and a little home with lace curtains to some woman. Men want the sense of power more than they want the sense of freedom…. They want someone dependent on them more than they want a comrade. As long as they can be lords in a thirty-dollar flat, they are willing enough to be slaves in the great world outside…. In short, they are afraid that they will cease to be sultans in little monogamic harems. But the world doesn’t want sultans. It wants men who can call their souls their own. And that is what feminism is going to do for men—give them back their souls, so that they can risk them fearlessly in the adventure of life.

Almost every woman had a primary role in the “female-dominated” family structure; only a small percentage of men had a primary role in the “male-dominated” governmental and religious structures. Many mothers were, in a sense, the chair of the board of a small company—their family. Even in Japan, women are in charge of the family finances—a fact that was revealed to the average American only after the Japanese stock market crashed in 1992 and thousands of women lost billions of dollars that their husbands never knew they had invested.23 Conversely, most men were on their company’s assembly line—either its physical assembly line or its psychological assembly line.

She merely wiped the floor with paper towels and said nothing, brushing her free hand against my shoulder blade—my shoulder blade!—as she carried the soaked paper to the trash can, never holding me fast, refraining not out of lack of humanity but out of fear of being drawn into a request for further tenderness, a request that could only bring her face-to-face with some central revulsion, a revulsion of her husband or herself or both, a revulsion that had come from nowhere, or from her, or perhaps from something I’d done or failed to do, who knew, she didn’t want to know, it was too great a disappointment, far better to get on with the chores, with the baby, with the work, far better to leave me to my own devices, as they say, to leave me to resign myself to certain motifs, to leave me to disappear guiltily into a hole of my own digging. When the time came to stop her from leaving, I did not know what to think or wish for, her husband who was now an abandoner, a hole-dweller, a leaver who had left her to fend for herself, as she said, who’d failed to provide her with the support and intimacy she needed, she complained, who was lacking some fundamental wherewithal, who no longer wanted her, who beneath his scrupulous marital motions was angry, whose sentiments had decayed into a mere sense of responsibility, a husband who, when she shouted, “I don’t need to be provided for! I’m a lawyer! I make two hundred and fifty thousand dollars a year! I need to be loved!” had silently picked up the baby and smelled the baby’s sweet hair, and had taken the baby for a crawl in the hotel corridor, and afterward washed the baby’s filthy hands and soft filthy knees, and thought about what his wife had said, and saw the truth in her words and an opening, and decided to make another attempt at kindness, and at nine o’clock, with the baby finally drowsy in his cot, came with a full heart back to his wife to find her asleep, as usual, and beyond waking. In short, I fought off the impulse to tell Rachel to go fuck herself.

Every night, millions of Americans spend their free hours watching television rather than engaging in any form of social interaction. What are they watching? In recent years we have seen reality television become the most popular form of television programming. To discover the nature of our current “reality,” we might consider examples such as Survivor, the series that helped spawn the reality TV revolution. Every week tens of millions of viewers watched as a group of ordinary people stranded in some isolated place struggled to meet various challenges and endure harsh conditions. Ah, one might think, here we will see people working cooperatively, like our ancient ancestors, working cooperatively in order to “win”! But the “reality” was very different. The conditions of the game were arranged so that, yes, they had to work cooperatively, but the alliances by nature were only temporary and conditional, as the contestants plotted and schemed against one another to win the game and walk off with the Grand Prize: a million dollars! The objective was to banish contestants one by one from the deserted island through a group vote, eliminating every other contestant until only a lone individual remained—the “sole survivor.” The end game was the ultimate American fantasy in our Age of Individualism: to be left completely alone, sitting on a mountain of cash! 　　While Survivor was an overt example of our individualistic orientation, it certainly was not unique in its glorification of rugged individualists on American television. Even commercial breaks provide equally compelling examples, with advertisers such as Burger King, proclaiming, HAVE IT YOUR WAY! The message? America, the land where not only every man and every woman is an individual but also where every hamburger is an individual! 　　Human beings do not live in a vacuum; we live in a society. Thus it is important to look at the values promoted and celebrated in a given society and measure what effect this conditioning has on our sense of independence or of interdependence

Many professional athletes make a lot of money quickly. They also spend a lot of money in a short time and very often declare bankruptcy quickly. About 16 percent of NFL players file for bankruptcy within twelve years of retirement, despite average career earnings of about $3.2 million.9 Some studies say the number of NFL players “under financial stress” is much higher—as high as 78 percent—within a few years of retirement. Similarly, about 60 percent of NBA basketball players are in financial trouble within five years of leaving the game.10 There are similar stories about lottery winners losing it all. Despite their big paydays, about 70 percent of lottery winners go broke within three years.11

On Amir and Dan once did a study in which they asked people how much they would pay for data recovery.4 They found that people would pay a little more for a greater quantity of rescued data, but what they were most sensitive to was the number of hours the technician worked. When the data recovery took only a few minutes, willingness to pay was low, but when it took more than a week to recover the same amount of data, people were willing to pay much more. Think about it: They were willing to pay more for the slower service with the same outcome. Fundamentally, when we value effort over outcome, we’re paying for incompetence. Although it is actually irrational, we feel more rational, and more comfortable, paying for incompetence.

About a block away from them there lived another Lithuanian family, consisting of an elderly widow and one grown son; their name was Majauszkis, and our friends struck up an acquaintance with them before long. One evening they came over for a visit, and naturally the first subject upon which the conversation turned was the neighborhood and its history; and then Grandmother Majauszkiene, as the old lady was called, proceeded to recite to them a string of horrors that fairly froze their blood. She was a wrinkled-up and wizened personage--she must have been eighty--and as she mumbled the grim story through her toothless gums, she seemed a very old witch to them. Grandmother Majauszkiene had lived in the midst of misfortune so long that it had come to be her element, and she talked about starvation, sickness, and death as other people might about weddings and holidays. The thing came gradually. In the first place as to the house they had bought, it was not new at all, as they had supposed; it was about fifteen years old, and there was nothing new upon it but the paint, which was so bad that it needed to be put on new every year or two. The house was one of a whole row that was built by a company which existed to make money by swindling poor people. The family had paid fifteen hundred dollars for it, and it had not cost the builders five hundred, when it was new. Grandmother Majauszkiene knew that because her son belonged to a political organization with a contractor who put up exactly such houses. They used the very flimsiest and cheapest material; they built the houses a dozen at a time, and they cared about nothing at all except the outside shine. The family could take her word as to the trouble they would have, for she had been through it all--she and her son had bought their house in exactly the same way. They had fooled the company, however, for her son was a skilled man, who made as high as a hundred dollars a month, and as he had had sense enough not to marry, they had been able to pay for the house. Grandmother Majauszkiene saw that her friends were puzzled at this remark; they did not quite see how paying for the house was "fooling the company." Evidently they were very inexperienced. Cheap as the houses were, they were sold with the idea that the people who bought them would not be able to pay for them. When they failed--if it were only by a single month--they would lose the house and all that they had paid on it, and then the company would sell it over again. And did they often get a chance to do that? Dieve! (Grandmother Majauszkiene raised her hands.) They did it--how often no one could say, but certainly more than half of the time. They might ask any one who knew anything at all about Packingtown as to that; she had been living here ever since this house was built, and she could tell them all about it. And had it ever been sold before? Susimilkie! Why, since it had been built, no less than four families that their informant could name had tried to buy it and failed.

The history books, which had almost completely ignored the contribution of the Negro in American history, only served to intensify the Negroes’ sense of worthlessness and to augment the anachronistic doctrine of white supremacy. All too many Negroes and whites are unaware of the fact that the first American to shed blood in the revolution which freed this country from British oppression was a black seaman named Crispus Attucks. Negroes and whites are almost totally oblivious of the fact that it was a Negro physician, Dr. Daniel Hale Williams, who performed the first successful operation on the heart in America. Another Negro physician, Dr. Charles Drew, was largely responsible for developing the method of separating blood plasma and storing it on a large scale, a process that saved thousands of lives in World War II and has made possible many of the important advances in postwar medicine. History books have virtually overlooked the many Negro scientists and inventors who have enriched American life. Although a few refer to George Washington Carver, whose research in agricultural products helped to revive the economy of the South when the throne of King Cotton began to totter, they ignore the contribution of Norbert Rillieux, whose invention of an evaporating pan revolutionized the process of sugar refining. How many people know that the multimillion-dollar United Shoe Machinery Company developed from the shoe-lasting machine invented in the last century by a Negro from Dutch Guiana, Jan Matzeliger; or that Granville T. Woods, an expert in electric motors, whose many patents speeded the growth and improvement of the railroads at the beginning of this century, was a Negro?

Britain is a country that, since World War II, has been on a managed decline. The men live vicariously through their favorite soccer team, celebrating its success with “a few pints” and commiserating over its failings with “a few pints.” And the women—walking muffin tops. Yet they stride around with a terribly misplaced sense of entitlement. Even their TV shows are emblematic of their mediocre mentality. EastEnders and Coronation Street are all about fat, dumb, ugly, poor people. And there begins the vicious cycle of complacent underachievers. Maybe I’m biased because, despite being born in England, I grew up in the US. At least our equivalent TV shows are full of good-looking rich people doing big business deals and dating glamorous women. I wouldn’t mind my kids growing up wanting to be J. R. Ewing, but who the fuck wants to be a pub landlord in Essex?

No revolution can be successful without organization and money. "The downtrodden masses" usually provide little of the former and none of the latter. But Insiders at the top can arrange for both.   What did these people possibly have to gain in financing the Russian Revolution? What did they have to gain by keeping it alive and afloat, or, during the 1920's by pouring millions of dollars into what Lenin called his New Economic Program, thus saving the Soviets from collapse?   Why would these "capitalists" do all this? If your goal is global conquest, you have to start somewhere. It may or may not have been coincidental, but Russia was the one major European country without a central bank. In Russia, for the first time, the Communist conspiracy gained a geographical homeland from which to launch assaults against the other nations of the world. The West now had an enemy.   In the Bolshevik Revolution we have some of the world's richest and most powerful men financing a movement which claims its very existence is based on the concept of stripping of their wealth men like the Rothschilds, Rockefellers, Schiffs, Warburgs, Morgans, Harrimans, and Milners. But obviously these men have no fear of international Communism. It is only logical to assume that if they financed it and do not fear it, it must be because they control it. Can there be any other explanation that makes sense? Remember that for over 150 years it has been standard operating procedure of the Rothschilds and their allies to control both sides of every conflict. You must have an "enemy" if you are going to collect from the King. The East-West balance-of-power politics is used as one of the main excuses for the socialization of America. Although it was not their main purpose, by nationalization of Russia the Insiders bought themselves an enormous piece of real estate, complete with mineral rights, for somewhere between $30 and $40 million.   ----  

The Oreo cookie invented, the Titanic sinks, Spanish flu, Prohibition, women granted the right to vote, Lindbergh flies solo across the Atlantic, penicillin invented, stock market crashes, the Depression, Amelia Earhart, the atom is split, Prohibition ends, Golden Gate Bridge is built, Pearl Harbor, D-Day, the Korean War, Disneyland, Rosa Parks, Laika the dog is shot into space, hula hoops, birth control pill invented, Bay of Pigs, Marilyn Monroe dies, JFK killed, MLK has a dream, Vietnam War, Star Trek, MLK killed, RFK killed, Woodstock, the Beatles (George, Ringo, John, and Paul) break up, Watergate, the Vietnam War ends, Nixon resigns, Earth Day, Fiddler on the Roof, Olga Korbut, Patty Hearst, Transcendental Meditation, the ERA, The Six Million Dollar Man. "Bloody hell," I said when she was done. "I know. It must be a lot to take in." "It's unfathomable. A Brit named his son Ringo Starr?" She looked pleasantly surprised: she'd thought I had no sense of humor. "Well, I think his real name was Richard Starkey.

Truth engages the citadel of the human heart and is not satisfied until it has conquered everything there. The will must come forth and surrender its sword. It must stand at attention to receive orders, and those orders it must joyfully obey. Short of this any knowledge of Christian truth is inadequate and unavailing. Bible exposition without moral application raises no opposition. It is only when the hearer is made to understand that truth is in conflict with his heart that resistance sets in. As long as people can hear orthodox truth divorced from life, they will attend and support churches and institutions without objection. The truth is a lovely song, become sweet by long and tender association; and since it asks nothing but a few dollars, and offers good music, pleasant friendships and a comfortable sense of well-being, it meets with no resistance from the faithful. Much that passes for New Testament Christianity is little more than objective truth sweetened with song and made palatable by religious entertainment.

Except for the very poor, for whom income coincides with survival, the main motivators of money-seeking are not necessarily economic. For the billionaire looking for the extra billion, and indeed for the participant in an experimental economics project looking for the extra dollar, money is a proxy for points on a scale of self-regard and achievement. These rewards and punishments, promises and threats, are all in our heads. We carefully keep score of them. They shape our preferences and motivate our actions, like the incentives provided in the social environment. As a result, we refuse to cut losses when doing so would admit failure, we are biased against actions that could lead to regret, and we draw an illusory but sharp distinction between omission and commission, not doing and doing, because the sense of responsibility is greater for one than for the other. The ultimate currency that rewards or punishes is often emotional, a form of mental self-dealing that inevitably creates conflicts of interest when the individual acts as an agent on behalf of an organization.

The most important individuals on earth have went underground, either for political, social or personal reasons. Ostracized by a society that ignores their most basic rights, they work alone to save the world. Invisible to the five senses, they work from the most unbelievable places, places where they're hardly found, or when found never recognized. I change country at an average of three to six times a year, and travel to places as unpredictable as Lithuania, Julian Assange is in the Equator's Embassy in England, David Icke lives in a tiny apartment in a Island that few have heard about, and then there are many others that you've never seen or met. Without us, there would be no meaning for hope. We may one day be found and recognized, maybe even get statues and other works of art in our name and that will likely happen after we're gone. So we can't say we're doing it for the money or recognition. We're risking our lives for those that show no appreciation or support, for those that rather spend 10 dollars in a meal than two in a book, for those that to a great extent have ridicule us for a longer time than the one in which they've shown respect.

When did you decide to become an architect?” “When I was ten years old.” “Men don’t know what they want so early in life, if ever. You’re lying.” “Am I?” “Don’t stare at me like that! Can’t you look at something else? Why did you decide to be an architect?” “I didn’t know it then. But it’s because I’ve never believed in God.” “Come on, talk sense.” “Because I love this earth. That’s all I love. I don’t like the shape of things on this earth. I want to change them.” “For whom?” “For myself.” “How old are you?” “Twenty-two.” “Where did you hear all that?” “I didn’t.” “Men don’t talk like that at twenty-two. You’re abnormal.” “Probably.” “I didn’t mean it as a compliment.” “I didn’t either.” “Got any family?” “ No.” “Worked through school?” “Yes.” “At what?” “In the building trades.” “How much money have you got left?” “Seventeen dollars and thirty cents.” “When did you come to New York?” “Yesterday.” Cameron looked at the white pile under his fist. “God damn you,” said Cameron softly. “God damn you!” roared Cameron suddenly, leaning forward. “I didn’t ask you to come here! I don’t need any draftsmen! There’s nothing here to draft! I don’t have enough work to keep myself and my men out of the Bowery Mission! I don’t want any fool visionaries starving around here! I don’t want the responsibility. I didn’t ask for it. I never thought I’d see it again. I’m through with it. I was through with that many years ago. I’m perfectly happy with the drooling dolts I’ve got here, who never had anything and never will have and it makes no difference what becomes of them. That’s all I want. Why did you have to come here? You’re setting out to ruin yourself, you know that, don’t you? And I’ll help you to do it. I don’t want to see you. I don’t like you. I don’t like your face. You look like an insufferable egotist. You’re impertinent. You’re too sure of yourself. Twenty years ago I’d have punched your face with the greatest of pleasure. You’re coming to work here tomorrow at nine o’clock sharp.” “Yes,” said Roark, rising. “Fifteen dollars a week. That’s all I can pay you.” “Yes.” “You’re a damn fool. You should have gone to someone else. I’ll kill you if you go to anyone else. What’s your name?” “Howard Roark.” “If you’re late, I’ll fire you.” “Yes.” Roark extended his nand for the drawings. “Leave these here!” bellowed Cameron. “Now get out!

TRUMP EVENTUALLY REALIZED THAT he needed executives with a strong background in running casinos. He scouted the competition and picked Stephen Hyde, a devout Mormon with a large family. The Church of Latter-day Saints opposed gambling, but the casino industry employed many Mormons in key positions, in part because executives believed the faithful wouldn’t be tempted to bet. Hyde was soft-spoken, unflappable, and widely considered one of the nation’s savviest gaming executives, having most recently worked for Trump’s competitor Steve Wynn. Trump, who once wrote, “I can be a screamer,” would occasionally humiliate Hyde by cursing him out in front of other executives. Yet Trump recognized Hyde’s capabilities and entrusted him with a business potentially worth billions of dollars. Hyde was, Trump wrote, “a very sharp guy and highly competitive, but most of all, he had a sense of how to manage to the bottom line.” Trump throughout his career would rely on small circles of advisers, and Hyde became one of Trump’s most trusted associates at the time. That meant some other senior executives felt shut out, unable to convey their concerns to Trump without going through the tight inner circle. Hyde was at the top of that chain of command. Hyde

Marcelina loved that miniscule, precise moment when the needle entered her face. It was silver; it was pure. It was the violence that healed, the violation that brought perfection. There was no pain, never any pain, only a sense of the most delicate of penetrations, like a mosquito exquisitely sipping blood, a precision piece of human technology slipping between the gross tissues and cells of her flesh. She could see the needle out of the corner of her eye; in the foreshortened reality of the ultra-close-up it was like the stem of a steel flower. The latex-gloved hand that held the syringe was as vast as the creating hand of God: Marcelina had watched it swim across her field of vision, seeking its spot, so close, so thrillingly, dangerously close to her naked eyeball. And then the gentle stab. Always she closed her eyes as the fingers applied pressure to the plunger. She wanted to feel the poison entering her flesh, imagine it whipping the bloated, slack, lazy cells into panic, the washes of immune response chemicals as they realized they were under toxic attack; the blessed inflammation, the swelling of the wrinkled, lined skin into smoothness, tightness, beauty, youth. Marcelina Hoffman was well on her way to becoming a Botox junkie. Such a simple treat; the beauty salon was on the same block as Canal Quatro. Marcelina had pioneered the lunch-hour face lift to such an extent that Lisandra had appropriated it as the premise for an entire series. Whore. But the joy began in the lobby with Luesa the receptionist in her high-collared white dress saying “Good afternoon, Senhora Hoffman,” and the smell of the beautiful chemicals and the scented candles, the lightness and smell of the beautiful chemicals and the scented candles, the lightness and brightness of the frosted glass panels and the bare wood floor and the cream-on-white cotton wall hangings, the New Age music that she scorned anywhere else (Tropicalismo hippy-shit) but here told her, “you’re wonderful, you’re special, you’re robed in light, the universe loves you, all you have to do is reach out your hand and take anything you desire.” Eyes closed, lying flat on the reclining chair, she felt her work-weary crow’s-feet smoothed away, the young, energizing tautness of her skin. Two years before she had been to New York on the Real Sex in the City production and had been struck by how the ianqui women styled themselves out of personal empowerment and not, as a carioca would have done, because it was her duty before a scrutinizing, judgmental city. An alien creed: thousand-dollar shoes but no pedicure. But she had brought back one mantra among her shopping bags, an enlightenment she had stolen from a Jennifer Aniston cosmetics ad. She whispered it to herself now, in the warm, jasmine-and vetiver-scented sanctuary as the botulin toxins diffused through her skin. Because I’m worth it.

One way Dan demonstrates to his students the concept of sunk cost is through a game in which participants bid to purchase a $100 bill. Rule #1: Bidding starts at $5. Rule #2: Bids can only increase by $5 at a time. Rule #3: The winner pays the amount of his or her final bid and gets the $100. The last rule is that the second-highest bidder also pays what he or she has bid, but gets nothing. As the game progresses, the bids rise to $50 and $55, at which point Dan will have made money. (The $55 bidder will pay $55 to get $100 and the second bidder will pay $50 and get nothing.) At some point, someone bids $85 and a competitor bids $90. At that point, Dan stops them and reminds them that the first person will win $10 ($100 minus $90) and the second person will lose $85. He asks the $85 bidder whether they want to continue to $95. Inevitably, they say yes. Then he asks the first person the same question, and he happily agrees to go to $100. But it doesn’t stop there at $100. Next, Dan asks the person who’s bid $95 if they want to go to $105. As before, if they say no, they’ll lose their previous bid: $95. But at this point, when the bidding is over $100, if they say yes, that means they are now actively bidding knowing that they will lose money. This time it’s $5 ($105 bid minus $100 winnings), but the loss will only increase from there. Inevitably, both participants keep bidding higher and higher until at some point one person realizes how crazy this is and they stop (and the person stopping ends up losing $95 more).

There is an excellent short book (126 pages) by Faustino Ballvè, Essentials of Economics (Irvington-on-Hudson, N.Y.: Foundation for Economic Education), which briefly summarizes principles and policies. A book that does that at somewhat greater length (327 pages) is Understanding the Dollar Crisis by Percy L. Greaves (Belmont, Mass.: Western Islands, 1973). Bettina Bien Greaves has assembled two volumes of readings on Free Market Economics (Foundation for Economic Education). The reader who aims at a thorough understanding, and feels prepared for it, should next read Human Action by Ludwig von Mises (Chicago: Contemporary Books, 1949, 1966, 907 pages). This book extended the logical unity and precision of economics beyond that of any previous work. A two-volume work written thirteen years after Human Action by a student of Mises is Murray N. Rothbard’s Man, Economy, and State (Mission, Kan.: Sheed, Andrews and McMeel, 1962, 987 pages). This contains much original and penetrating material; its exposition is admirably lucid; and its arrangement makes it in some respects more suitable for textbook use than Mises’ great work. Short books that discuss special economic subjects in a simple way are Planning for Freedom by Ludwig von Mises (South Holland, 111.: Libertarian Press, 1952), and Capitalism and Freedom by Milton Friedman (Chicago: University of Chicago Press, 1962). There is an excellent pamphlet by Murray N. Rothbard, What Has Government Done to Our Money? (Santa Ana, Calif.: Rampart College, 1964, 1974, 62 pages). On the urgent subject of inflation, a book by the present author has recently been published, The Inflation Crisis, and How to Resolve It (New Rochelle, N.Y.: Arlington House, 1978). Among recent works which discuss current ideologies and developments from a point of view similar to that of this volume are the present author’s The Failure of the “New Economics”: An Analysis of the Keynesian Fallacies (Arlington House, 1959); F. A. Hayek, The Road to Serfdom (1945) and the same author’s monumental Constitution of Liberty (Chicago: University of Chicago Press, 1960). Ludwig von Mises’ Socialism: An Economic and Sociological Analysis (London: Jonathan Cape, 1936, 1969) is the most thorough and devastating critique of collectivistic doctrines ever written. The reader should not overlook, of course, Frederic Bastiat’s Economic Sophisms (ca. 1844), and particularly his essay on “What Is Seen and What Is Not Seen.” Those who are interested in working through the economic classics might find it most profitable to do this in the reverse of their historical order. Presented in this order, the chief works to be consulted, with the dates of their first editions, are: Philip Wicksteed, The Common Sense of Political Economy, 1911; John Bates Clark, The Distribution of Wealth, 1899; Eugen von Böhm-Bawerk, The Positive Theory of Capital, 1888; Karl Menger, Principles of Economics, 1871; W. Stanley Jevons, The Theory of Political Economy, 1871; John Stuart Mill, Principles of Political Economy, 1848; David Ricardo, Principles of Political Economy and Taxation, 1817; and Adam Smith, The Wealth of Nations, 1776.

our government is still breaking our treaty obligations. If you coolly strip away the endless administrative rhetoric about budgets and governance, the endless studies and the endemic lack of broad policies coming from the Department of Indian Affairs, you begin to realize that we are still caught up in the racist assimilation policies of a century ago. Let me take a broader example. We all know that the treaties involved a massive loss of land for First Nations. What most of us pretend we don’t know is that this remarkable generosity was tied to permanent obligations taken on by colonial officials, then by the Government of Canada; that is, by the Crown; that is, by you and me. So we got the use of land – and therefore the possibility of creating Canada – in return for a relationship in which we have permanent obligations. We have kept the land. We have repeatedly used ruses to get more of their land. And we have not fulfilled our side of the agreement. We pretend that we do not have partnership obligations. It’s pretty straightforward. We criticize. We insult. We complain. We weasel. Surely, we say, these handouts have gone on long enough. But the most important handout was to us. Bob Rae put it this way at the Athabasca Chipewyan First Nation Treaty Conference in June 2014: “It’s ridiculous to think people would say: ‘I have all this land, millions and millions and millions of acres of land, I’m giving it to you for a piece of land that is five miles by five miles and a few dollars a year.’ To put it in terms of a real estate transaction, it’s preposterous. It doesn’t make any sense.” So the generosity was from First Nations to newcomers. And we are keeping that handout – the land – offered in good faith by friends and allies.

Universities are fueled in large measure by what's called overhead of the grant...so if you get a million dollar grant, half or more will go to your university, right? So that's what builds the buildings and fuels the place. So the university has an incentive to get as many people to file grant applications as they can, and they have an incentive to hire people whose grant applications will be large rather than small. So this, for example, is one of the reasons that science has taken up arms against theory –that is to say, proper scientific theoreticians like me – and it has instead hired people who run big expensive experiments: Because big expensive experiments have big grants, and those big grants bring in money. But if you were a university and what you wanted was to have people writing big expensive grants who were capable of getting them, then what you would want to do is...you would want to free those people from teaching, and you would want to get people who weren't so expensive to do the work of the university...and the way you do that is: you bring them on as graduate students; and you pay them an appalling wage; you claim that they are not actually workers, that they are students; and they do most of the teaching, and they do a lot of the work of the university, for incredibly low amounts of money; they live under poor conditions; and increasingly they have to come from abroad where they are in some sense getting a deal that still makes sense. But this means that we overproduce PhDs. We give people degrees instead of money to do the work of the university, in order that people who are capable of getting the grants spend almost full time doing that job. And it's a racket. The person who knows the most about this is actually Eric, my brother. So...what he unearthed was actually that there was an explicit conspiracy to game the visa system in order to keep this system running...that effectively a fake shortage of science students was created to allow the universities to basically flood the market, to drive the wages down.

WHY DIVERSIFY? During the bull market of the 1990s, one of the most common criticisms of diversification was that it lowers your potential for high returns. After all, if you could identify the next Microsoft, wouldn’t it make sense for you to put all your eggs into that one basket? Well, sure. As the humorist Will Rogers once said, “Don’t gamble. Take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.” However, as Rogers knew, 20/20 foresight is not a gift granted to most investors. No matter how confident we feel, there’s no way to find out whether a stock will go up until after we buy it. Therefore, the stock you think is “the next Microsoft” may well turn out to be the next MicroStrategy instead. (That former market star went from $3,130 per share in March 2000 to $15.10 at year-end 2002, an apocalyptic loss of 99.5%).1 Keeping your money spread across many stocks and industries is the only reliable insurance against the risk of being wrong. But diversification doesn’t just minimize your odds of being wrong. It also maximizes your chances of being right. Over long periods of time, a handful of stocks turn into “superstocks” that go up 10,000% or more. Money Magazine identified the 30 best-performing stocks over the 30 years ending in 2002—and, even with 20/20 hindsight, the list is startlingly unpredictable. Rather than lots of technology or health-care stocks, it includes Southwest Airlines, Worthington Steel, Dollar General discount stores, and snuff-tobacco maker UST Inc.2 If you think you would have been willing to bet big on any of those stocks back in 1972, you are kidding yourself. Think of it this way: In the huge market haystack, only a few needles ever go on to generate truly gigantic gains. The more of the haystack you own, the higher the odds go that you will end up finding at least one of those needles. By owning the entire haystack (ideally through an index fund that tracks the total U.S. stock market) you can be sure to find every needle, thus capturing the returns of all the superstocks. Especially if you are a defensive investor, why look for the needles when you can own the whole haystack?

The best way not to have to use your military power is to make sure that power is visible. When people know that we will use force if necessary and that we really mean it, we’ll be treated differently. With respect. Right now, no one believes us because we’ve been so weak with our approach to military policy in the Middle East and elsewhere. Building up our military is cheap when you consider the alternative. We’re buying peace and we’re locking in our national security. Right now we are in bad shape militarily. We’re decreasing the size of our forces and we’re not giving them the best equipment. Recruiting the best people has fallen off, and we can’t get the people we have trained to the level they need to be. There are a lot of questions about the state of our nuclear weapons. When I read reports of what is going on, I’m shocked. It’s no wonder nobody respects us. It’s no surprise that we never win. Spending money on our military is also smart business. Who do people think build our airplanes and ships, and all the equipment that our troops should have? American workers, that’s who. So building up our military also makes economic sense because it allows us to put real money into the system and put thousands of people back to work. There is another way to pay to modernize our military forces. If other countries are depending on us to protect them, shouldn’t they be willing to make sure we have the capability to do it? Shouldn’t they be willing to pay for the servicemen and servicewomen and the equipment we’re providing? Depending on the price of oil, Saudi Arabia earns somewhere between half a billion and a billion dollars every day. They wouldn’t exist, let alone have that wealth, without our protection. We get nothing from them. Nothing. We defend Germany. We defend Japan. We defend South Korea. These are powerful and wealthy countries. We get nothing from them. It’s time to change all that. It’s time to win again. We’ve got 28,500 wonderful American soldiers on South Korea’s border with North Korea. They’re in harm’s way every single day. They’re the only thing that is protecting South Korea. And what do we get from South Korea for it? They sell us products—at a nice profit. They compete with us. We spent two trillion dollars doing whatever we did in Iraq. I still don’t know why we did it, but we did. Iraq is sitting on an ocean of oil. Is it out of line to suggest that they should contribute to their own future? And after the blood and the money we spent trying to bring some semblance of stability to the Iraqi people, maybe they should be willing to make sure we can rebuild the army that fought for them. When Kuwait was attacked by Saddam Hussein, all the wealthy Kuwaitis ran to Paris. They didn’t just rent suites—they took up whole buildings, entire hotels. They lived like kings while their country was occupied. Who did they turn to for help? Who else? Uncle Sucker. That’s us. We

Soon after I arrived on the island I had a run-in with my son’s first grade teacher due to my irreverent PJ sense of humor. When Billy lost a baby tooth I arranged the traditional parentchild Tooth Fairy ritual. Only six years old, Billy already suspected I was really the Tooth Fairy and schemed to catch me in the act. With each lost tooth, he was getting harder and harder to trick. To defeat my precocious youngster I decided on a bold plan of action. When I tucked him in I made an exaggerated show of placing the tooth under his pillow. I conspicuously displayed his tooth between my thumb and forefinger and slid my hand slowly beneath his pillow. Unbeknownst to him, I hid a crumpled dollar bill in the palm of my hand. With a flourish I pretended to place the tooth under Billy’s pillow, but with expert parental sleight of hand, I kept the tooth and deposited the dollar bill instead. I issued a stern warning not to try and stay awake to see the fairy and left Billy’s room grinning slyly. I assured him I would guard against the tricky fairy creature. I knew Billy would not be able to resist checking under his pillow. Sure enough, only a few minutes later he burst from his room wide-eyed with excitement. He clutched a dollar bill tightly in his fist and bounced around the room, “Dad! Dad! The fairy took my tooth and left a dollar!” I said, “I know son. I used my ninja skills and caught that thieving fairy leaving your room. I trapped her in a plastic bag and put her in the freezer.” Billy was even more excited and begged to see the captured fairy. I opened the freezer and gave him a quick glimpse of a large shrimp I had wrapped in plastic. Viewed through multiple layers of wrap, the shrimp kind of looked like a frozen fairy. I stressed the magnitude of the occasion, “Tooth fairies are magical, elusive little things with their wings and all. I think we are the first family ever to capture one!” Billy was hopping all over the house and it took me quite awhile to finally calm him down and get him to sleep. The next day I got an unexpected phone call at work. My son’s teacher wanted to talk to me about Billy, “Now what?” I thought. When I arrived at the school, Billy’s teacher met me at the door. Once we settled into her office, she explained she was worried about him. Earlier that day, Billy told his first grade class his father had killed the tooth fairy and had her in a plastic bag in the freezer. He was very convincing. Some little kids started to cry. I explained the previous night’s fairy drama to the teacher. I was chuckling—she was not. She looked at me as if I had a giant booger hanging out of a nostril. Despite the look, I could tell she was attracted to me so I told her no thanks, I already had a girlfriend. Her sputtering red face made me uncomfortable and I quickly left. Later I swore Billy to secrecy about our fairy hunting activities. For dinner that evening, we breaded and fried up a couple dozen fairies and ate them with cocktail sauce and fava beans.

Chapter One Vivek Ranadivé “IT WAS REALLY RANDOM. I MEAN, MY FATHER HAD NEVER PLAYED BASKETBALL BEFORE.” 1. When Vivek Ranadivé decided to coach his daughter Anjali’s basketball team, he settled on two principles. The first was that he would never raise his voice. This was National Junior Basketball—the Little League of basketball. The team was made up mostly of twelve-year-olds, and twelve-year-olds, he knew from experience, did not respond well to shouting. He would conduct business on the basketball court, he decided, the same way he conducted business at his software firm. He would speak calmly and softly, and he would persuade the girls of the wisdom of his approach with appeals to reason and common sense. The second principle was more important. Ranadivé was puzzled by the way Americans play basketball. He is from Mumbai. He grew up with cricket and soccer. He would never forget the first time he saw a basketball game. He thought it was mindless. Team A would score and then immediately retreat to its own end of the court. Team B would pass the ball in from the sidelines and dribble it into Team A’s end, where Team A was patiently waiting. Then the process would reverse itself. A regulation basketball court is ninety-four feet long. Most of the time, a team would defend only about twenty-four feet of that, conceding the other seventy feet. Occasionally teams played a full-court press—that is, they contested their opponent’s attempt to advance the ball up the court. But they did it for only a few minutes at a time. It was as if there were a kind of conspiracy in the basketball world about the way the game ought to be played, Ranadivé thought, and that conspiracy had the effect of widening the gap between good teams and weak teams. Good teams, after all, had players who were tall and could dribble and shoot well; they could crisply execute their carefully prepared plays in their opponent’s end. Why, then, did weak teams play in a way that made it easy for good teams to do the very things that they were so good at? Ranadivé looked at his girls. Morgan and Julia were serious basketball players. But Nicky, Angela, Dani, Holly, Annika, and his own daughter, Anjali, had never played the game before. They weren’t all that tall. They couldn’t shoot. They weren’t particularly adept at dribbling. They were not the sort who played pickup games at the playground every evening. Ranadivé lives in Menlo Park, in the heart of California’s Silicon Valley. His team was made up of, as Ranadivé put it, “little blond girls.” These were the daughters of nerds and computer programmers. They worked on science projects and read long and complicated books and dreamed about growing up to be marine biologists. Ranadivé knew that if they played the conventional way—if they let their opponents dribble the ball up the court without opposition—they would almost certainly lose to the girls for whom basketball was a passion. Ranadivé had come to America as a seventeen-year-old with fifty dollars in his pocket. He was not one to accept losing easily. His second principle, then, was that his team would play a real full-court press—every game, all the time. The team ended up at the national championships. “It was really random,” Anjali Ranadivé said. “I mean, my father had never played basketball before.” 2. Suppose you were to total up all the wars over the past two hundred years that occurred between very large and very small countries. Let’s say that one side has to be at least ten times larger in population and armed might