ben bernanke

Bad Is Good

September 8, 2010

John Maynard Keynes said, “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” Ben Bernanke, of the Federal Reserve, tells us that the market will cause the too-big-to-fail banks to get smaller. He assures us that the people who caused […]

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Give Me Your Money

June 14, 2010

I promise not to make you wealthy. How many people are willing to tell you that? The subject is stupidity. So, let’s get started with a couple of quotations. It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who […]

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