Viewquake

This summer, though, one of Hanson's "viewquakes," as he likes to call them, became a genuine national sensation. The only problem was, everybody hated it. Hanson's brainchild was roundly condemned by several U.S. Senators, derided by the likes of Nobel Prize-winning economist Joseph Stiglitz and bond guru Bill Gross, and lampooned by late-night talk show hosts.

The section raises more questions than it answers. Most of all, [Allan H.] Meltzer never lets on that the crisis caused a “viewquake” within both monetarism and minimalist approaches to bank supervision.

He [Richard Meadows] points out that for $10 you can get a book that may be terrible, and that you stop reading it. Or you could find one that puts ideas in front of you that you'd never considered before, leading to a 'viewquake'.