When banks are failing and thousands on Wall Street are losing their jobs and The Economist graces its cover with an image of the world on the edge of the abyss and the fear sets in, what is one to do? Here at Gropestone we drew a picture. One long picture…
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There is nothing like a crisis to elicit that remarkable human deftness at laying blame and dodging it. But maybe the flurry of financial crisis finger-pointing obscures an inconvenient truth—that nobody really understood the size and fury of this storm until it was fast upon us.
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Holman Jenkins of the Wall Street Journal raised the hackles of the greens the past week by arguing that availability bias, information cascades, and money shape our perceptions of climate change as much as real science.
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