The Assumption Of Perfect Knowledge Is Very

Advocating Democracy Has, By Other People, Often Been Taken As A Form Of Imperialism, And Not Without Some Justification. So The Important Thing In A Democracy Is That It Doesn't Necessarily Have To Agree With What America's Interests Are, And It Doesn't Necessarily Have To Be Serving American Interests.

Making An Investment Decision Is Like Formulating A Scientific Hypothesis And Submitting It To A Practical Test.

It Is Better To Have A Cat And Mouse Game Where The Cat Has The Upper Hand Than A Cat And Mouse Game Where The Mice Are Ruling. Because The Latter Means That The Market Participants Are Given Free Range. That Was Actually The Big Misconception Of Our National Hero Ronald Reagan, Who Always Talked About The Magic Of The Market.

The Main Obstacle To A Stable And Just World Order Is The United States. [this Idea] Happens To Coincide With The Prevailing Opinion In The World. And I Think That's Rather Shocking For Americans To Hear.

Giving Government Aid To A Bank Basically Transforms It Into A Utility. The Huge Salaries In This Sector Are Only A Symptom Of A More Profound Misalignment. The Profitability Of The Finance Industry Has Been Excessive. [...] That Was Absurd.