The divergence in the trend of biological and conventional indicators of well-being can be explained... [R]apid population growth and... urbanization… - John Komlos

Greenspan... out of hand and cold-bloodedly thwarted [warnings of , , Raghuram Rajan, Nouriel Roubini, Peter Schiff, Robert Shiller, Joseph Stiglitz, Nassim Taleb, John Taylor, and] 's valiant efforts to regulate derivatives a decade before the meltdown.

[Imperfect information is ubiquitous.] People with more [or better] information can take advantage of people with less information, so exploitation becomes a real possibility.

Here is the , 2008... the assets of the Federal Reserve is under $1 trillion... and within weeks you have more than a doubling of the assets of the Federal Reserve, and then comes 2 and... 3 and by that time you're at $4 1/2 trillion... and then... comes the Covid crisis and we're up to $7 trillion. Now... that kind of a Capitalism is unsustainable. ...[N]o wonder that there is asset inflation as a consequence... and the stock market went through the roof.