Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Sunday, September 2, 2012

The Madness of Crowds


 "I can calculate the motion of heavenly bodies, but not the madness of people."

-Sir Isaac Newton,  after losing 2o,ooo pounds in Britain's South Sea Bubble of 1720.

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