https://pjmedia.com/rogerkimball/2008/03/18/economics_and_the_imagination/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 21:45:42 -0400<![CDATA[Do people like bad news? Do they welcome the prospect of catastrophe? Listening to the din of economic doomsayers, I have to wonder. Henry James once spoke of &#8220;the imagination of diaster.&#8221; He wasn&#8217;t thinking of economic disaster, exactly, but the phrase seems custom made for the crop of amateur Chicken Littles running around skirling that the sky is falling, the sky is falling (and the stock market, too).]]>Tue, 18 Mar 2008 07:59:15 -0400<![CDATA[Roger Kimball]]>https://pjmedia.com/roger-kimball/2008/03/18/economics_and_the_imagination-n114648