Part of education is to teach children how to play because you learn how to be social through games and you learn the joy of life.

It helps banks immediately, and it creates the right incentives for future behavior, as banks will know that the government will not prevent private equity capital from being destroyed in a crisis.

But I'm also going to argue that once you understand the sense in which they are built into human nature, you realize that just affirming compassion, and affirming the golden rule, is really not enough.

The recalcitrant states achieved a Pyrrhic victory because it will quickly become clear to them that, even if the EU is getting a new institutional framework, the avantgarde countries will decide among themselves what the concrete arrangements will look like.