Dr. Hussman writes a weekly column at his web site, which I strongly encourage everyone to read. This is his latest piece.
November 30, 2009
John P. Hussman, Ph.D.
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ge⋅stalt [guh-shtahlt, -shtawlt, -stahlt, -stawlt] –noun, plural -stalts, -stal⋅ten (sometimes initial capital letter) Psychology. 1. a configuration, pattern, or organized field having specific properties that cannot be derived from the summation of its component parts; a unified whole. 2. an instance or example of such a unified whole. Origin: 1920–25; < G: figure, form, structure