Before I could polish my theory on why the stock market went down so precipitously, the stock market went back up again. This sort of thing has happened to me before. I sometimes think most people go about their business with no consideration at all for those of us who have to provide theories for explaining absolutely everything.

Last year, for instance, I spent a lot of time on a theory designed to explain why Kenneth Starr had decided to quit as the Whitewater special prosecutor. It was based on the possibility that Starr, like many of the rest of us,...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!