We were spoiled by previous market conditions. It was very exuberant.

The overriding story for the equity market Thursday was the exuberant reaction to Mr. Greenspan's latest musings,

The overriding story for the equity market Thursday was the exuberant reaction to Mr. Greenspan's latest musings.

I want full disclosure whether the news is good or bad.

We can't improve if we don't have accurate information.

All over the world there are enormous numbers of smart, even gifted, people who harbor a passion for science. But that passion is unrequited. Surveys suggest that some 95 percent of Americans are “scientifically illiterate.” That’s just the same fraction as those African Americans, almost all of them slaves, who were illiterate just before the Civil War—when severe penalties were in force for anyone who taught a slave to read. Of course there’s a degree of arbitrariness about any determination of illiteracy, whether it applies to language or to science. But anything like 95 percent illiteracy is extremely serious.