The Costs of Complexity

It's a bit ironic, given the events now in the headlines, that I started last week's post by commenting that it had been an interesting week for connoisseurs of decline and fall; it might have been better to say "You ain't seen nothing yet." About the time the volcanic ash from Iceland began settling out of Europe's airspace, to begin with, another black cloud began to rise from the lava vents of Wall Street, caused by the spontaneous combustion of whatever might have been left of Goldman Sa...