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...methamphetamine of run-amok American capitalism. Meth induces a "Superman syndrome." Optimism fed into what Steve Eisman, a banking analyst who foresaw the crash, calls "hedge-fund disease," characterized by "megalomania, plus narcissism, plus solipsism" and the belief that "to think something is to make it happen." The meth-head loses his teeth and his mind; the madcap optimists of Wall Street lost something like $10 trillion worth of pension funds, life savings and retirement accounts. (Read "Why It's Time to Retire...

Author: /time Magazine | Title: Overrated Optimism: The Peril of Positive Thinking | 10/10/2009 | See Source »

Fortunately, the alternative to optimism is not pessimism, which can be equally delusional. What we need here is some realism, or the simple admission that, to paraphrase a bumper sticker, "stuff happens," including sometimes very, very bad stuff. We don't have to dwell incessantly on the worst-case scenarios - the metastasis, the market crash or global pandemic - but we do need to acknowledge that they could happen and prepare in the best way we can. Some will call this negative thinking, but the technical term is sobriety...

Author: /time Magazine | Title: Overrated Optimism: The Peril of Positive Thinking | 10/10/2009 | See Source »

...wasn't sure I could stay awake all day. This is one of the major stresses of life—making sure you can stay awake all day. I happen to think sleep is one of the most important things in life. Trying to wake up, trying to fall asleep. I don't know why I'm talking about this...

Author: By Alex M. Mcleese | Title: Peggy Noonan's Mind, Exposed Again | 10/10/2009 | See Source »

FlyBy decided we had to make this happen. Would the Faculty accept this unusually sweet offer? Find out after the jump...

Author: By Michelle L. Quach | Title: Free Cookies for the Faculty? | 10/10/2009 | See Source »

...past year - but who is meeting stiff resistance at home; indeed in his comment Jagland noted "we would hope this (award) will enhance what he is trying to do." Still, Jagland tested credulity of listeners when he stressed "we are not awarding the prize for what may happen in the future, but for what he has done in the previous year." (See TIME's photo-essay "Fun with Photoshop: Obama's Other Awards...

Author: /time Magazine | Title: What Was the Nobel Committee Thinking? | 10/9/2009 | See Source »

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