Michael Mandelbaum

Words matter, especially words defining complicated political arrangements, because they shape perceptions of the events of the past, attitudes toward policies being carried out in the present, and expectations about desirable directions for the future.

Read the news section of the newspaper and there is confusion and uncertainty, a world buffeted by large forces people neither understand nor control. But turn to the sports section and it's all different.

As a kid, I always idolized entrepreneurs. I thought they were cool people in the way that I thought basketball players were cool people. It's cool that some people get paid to dunk basketballs, but I'm not one of those people.