The comparison is not especially well chosen, for it is worth recalling what then happened: Mr Milken ended up in jail for pushing the law too far, and the arrogant Drexel collapsed in a heap of bad debts and ignominy.

ECONOMIST: The energetic messiah

Economics deals with the allocation of resources among competing preferences (of which conservation is only one), after assessing the costs and benefits of each preference as well as the opportunity costs of courses not chosen.

ECONOMIST: Global or local?

My FORBES stock picks, which were chosen expecting a more vibrant market, did not do well.

FORBES: We're Too Gloomy