We missed this piece from last month in New English Review, on the differences between projection, prediction and prophecy:
We love projections, however, because they always lead to immoderate (if only imaginary) results. The human mind loves the dramatic and the sensational and abhors the banal and the ordinary. La Rochefoucauld said that there is in the misfortune of our friends something not entirely displeasing; he might justly have added that there is in the contemplation of future catastrophe something extremely pleasing. No one ever gained notice by pointing out that a deleterious trend was now at an end, and that the rapid growth of a particular problem was over; but many a person has enjoyed his quarter of an hour of fame by projecting exponential growth of something or other to the point of the abyss.