The shortcomings of Fed forecasting, in my opinion, are due more to the inherent impossibility of the task than to human failure.

FORBES: What's Choking Bank Lending?

Were Olmert and his colleagues in the government to recognize this state of affairs, perhaps they could join forces with governments - like the Kenyan government - to persuade Bush of the dangers inherent in his embrace of this recipe for failure.

CENTERFORSECURITYPOLICY: The waning of American will

In other words, the logic seems to be that absent the asymmetries in spending between environmentalists and industry groups with a stake in the status quo, the failure to adopt policies like cap and trade could be interpreted as inherent weaknesses in the policies themselves.

FORBES: Connect