Max tends to misunderstand metaphors and large words.

It seems that it would be impossible to misunderstand anything, if people had eyes and a desire to see.

If principals misunderstand systemic risk, their agents, even if they do understand it, may not be able to respond without losing support, whether in the form of votes or assets under management.

To wonder, as many have, why the Chinese regime refused to negotiate with the students in 1989 or to find some accommodation with its critics today is to misunderstand the nature of religious politics.

Today, China and the US are highly interdependent economically, but many analysts misunderstand the implications of this for power politics. True, China could bring the US to its knees by threatening to sell its dollar holdings.

Devdutt Pattanaik takes an eye opening look at the myths of India and of the West and shows how these two fundamentally different sets of beliefs about God, death and heaven help us consistently misunderstand one another.

Rising powers tend to demand a greater role in international politics, declining powers tend to be reluctant to adjust, and key policymakers are likely to misunderstand the intentions of other countries leaders and overreact to their actions.

I've spent the last five years of my life thinking about situations exactly like this why we sometimes misunderstand the signs around us, and how we behave when that happens, and what all of this can tell us about human nature.

The problem with both free market and Keynesian economics is that they misunderstand the nature of modern investment. Both schools believe that investment is led by the private sector, either because taxes and regulations are low (in the free market model) or because aggregate demand is high (in the Keynesian model).