Sometimes a person lives an entire lifetime promoting ideas that are disproved before his/her eyes. This happened with Irving Kristol, and I hope with complete goodwill that the experience was uplifting and character building.

The economic disaster that has resulted from release of ‘free markets’ on the financial world is proof positive that the belief that markets are self-regulating is horribly wrong. The world will be crawling out of this crisis for some time to come.

If ever my friends want the best for me, if I am in error, tell me. Make me face the errors. Remind me that there is no shame in having the courage to face up to being wrong.

Thank you.