People who were driving a school bus blindfolded (and crashed it) should never be given a new bus. The economics establishment (universities, regulators, central bankers, government officials, various organisations staffed with economists) lost its legitimacy with the failure of the system. It is irresponsible and foolish to put our trust in the ability of such experts to get us out of this mess. - Nassim Nicholas Taleb: Ten principles for a Black Swan-proof world
Part of a great article titled "Ten principles for a Black Swan-proof world" by Nassim Nicholas Taleb in FT.com
http://www.ft.com/cms/s/0/5d5aa24e-23a4-11de-996a-00144feabdc0.html?nclick_check=1
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Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude. - Alexis de Tocqueville (1848)
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In reading the lives of great men, I found that the first victory they won was over themselves... self-discipline with all of them came first. - Harry S. Truman
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To be content with what we possess is the greatest and most secure of riches. - Marcus Tullius Cicero
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Two people can accomplish more than twice as much as one; they get a better return for their labor. If one person falls, the other can reach out and help. - Ecclesiastes 4:9-10
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The great statesmen of the past saw themselves as heroes who took on the burden of their societies' painful journey from the familiar to the as yet unknown. The modern politician is less interested in being a hero than a superstar. Heroes walk alone; stars derive their status from approbation. Heroes are defined by inner values; stars by consensus. When a candidate's views are forged in focus groups and ratified by television anchorpersons, insecurity and superficiality become congenital. - Henry Kissinger in Years of Renewal
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