Eugene David ...The One-Minute Pundit |
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Friday, March 14, 2008
One area where Amazon.com seems to do quite well with its customer ratings is in specialist books, which tend to be reviewed by people who know what they're doing. I mention that because one of BloomyLite's columnists reviews a scathing book about the Wizard of Oz, and there is no avoiding the notion that his rep is headed to the proverbial historical ash heap. Indeed when I looked it up I found no fewer than four books which debunk his infinite wisdom. Why in the Wiz' name did we blind ourselves to him for so long? The age of Wiz was, of course the age of the omnipotent CEO, and neither could ever do wrong -- until after the fact.
P. S. As the stock bubble swelled in the 1990s, Greenspan became mesmerized by the theory that technology had boosted productivity far more than was understood. He concluded that ``there was no bubble under way because technology expenditures weren't accounted for correctly, meaning that stock prices weren't nearly as high as they seemed,'' Fleckenstein writes. The WIZ invented DOW 36,000ISM!
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