He also understood something that central bankers and policymakers can't seem to grasp today: the importance of sound money.

FORBES: Fact and Comment

"Problems in the financial markets are on a scale that I don't think even today people grasp, " says Ethan Berman, RiskMetrics' chief executive.

FORBES: Magazine Article

"You had bus operators, track workers, signal maintainers reading the newspaper today with a better grasp of what the MTA was going to do with the negotiation than the negotiating committee of the union and the leadership of the union, " he said.

WSJ: Union Terms MTA Tactics 'An Outrage'

Republicans (and others) need to get a much better grasp on how to talk with voters and citizens about what it means today to pursue happiness.

FORBES: Move up http://i.forbesimg.com t Move down

Look back at Britain's industrial history with today's obsession with the Internet in mind, and you start to grasp at what may be the truest answer of all: that what went wrong with British manufacturing industry was not that it declined so fast, but that so much effort went into arresting that decline.

ECONOMIST: British industrial decline

Children today bring little financial benefit beyond perhaps relying on the young to program technological gadgets eluding our grasp.

FORBES: Congress's Policies Steal Our Freedoms While Rewarding Irresponsibility