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Throughout the ’90s and early 2000s, our financial industry and governments leaned on a snake-oil mirage of wealth creation, a bubble predicated on the obvious falsehood that things could only get better.

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Nick Harkaway

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I’m not an absolutist about free speech. Intellectually, I believe that most of the time it’s better to let things get said, argue them, and put lies and stupidities to rest. Practically, I know that newspapers rarely issue corrections with the same prominence they give to denouncements – and Twitter, by its nature, never does.

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The market, as we’re all painfully aware in the aftermath of the banking crisis, can be an idiot. It has no perception of right or wrong, or even sensible or insane. It sees profit.

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May 19, 2024

The market, as we’re all painfully aware in the aftermath of the banking crisis, can be an idiot. It has no perception of right or wrong, or even sensible or insane. It sees profit.

Previous

May 19, 2024

I’m not an absolutist about free speech. Intellectually, I believe that most of the time it’s better to let things get said, argue them, and put lies and stupidities to rest. Practically, I know that newspapers rarely issue corrections with the same prominence they give to denouncements – and Twitter, by its nature, never does.

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