"Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college."
American linguist, philosopher, and public intellectual whose work helped transform modern theoretical linguistics. He is known for generative grammar and for influential writing on politics and media. He taught for decades at the Massachusetts Institute of Technology.