You do just have to go back to moral philosophy and you've got to say, okay, there is greed, people do want more and more, but then what restrains them and what restrained them in the past was a view of life in which one's satisfaction wasn't the most important thing, that you just, you needed enough and you could say, "Enough is enough." Maybe religion will get you there, maybe just classic moral philosophy, but you have to have some of that, or else you're always on the gravy train.
You do just have to go back to moral philosophy and you've got to say, okay, there is greed, people do want more and more, but then what restrains th… - Robert Skidelsky, Baron Skidelsky
You do just have to go back to moral philosophy and you've got to say, okay, there is greed, people do want more and more, but then what restrains th…
- Robert Skidelsky, Baron Skidelsky
When you think of everything in terms of just money, then almost nothing is enough. I mean, how much money is enough? Because it's hard to translate … - Robert Skidelsky, Baron Skidelsky
When you think of everything in terms of just money, then almost nothing is enough. I mean, how much money is enough? Because it's hard to translate …
The psychology of the saver and the psychology of the investor is very closely connected with Keynes' distinction between risk and uncertainty. When … - Robert Skidelsky, Baron Skidelsky
The psychology of the saver and the psychology of the investor is very closely connected with Keynes' distinction between risk and uncertainty. When …
Investors are trying to work out some risk premiere that have some correspondence with actual risks. But they don't, they're not, they can't go very … - Robert Skidelsky, Baron Skidelsky
Investors are trying to work out some risk premiere that have some correspondence with actual risks. But they don't, they're not, they can't go very …
There's no automatic mechanism in a market system that reconciles the desire to save and the desire to invest. And therefore, the government has to s… - Robert Skidelsky, Baron Skidelsky
There's no automatic mechanism in a market system that reconciles the desire to save and the desire to invest. And therefore, the government has to s…
Americans feel as though the only position they can possibly occupy is number one and if they're not number one, well, the end of the world has come. - Robert Skidelsky, Baron Skidelsky
Americans feel as though the only position they can possibly occupy is number one and if they're not number one, well, the end of the world has come.
Bankers were scapegoats for the whole Reagan-Thatcher era, which exalted finance and humbled industry, and which had allowed the fruits of progress t… - Robert Skidelsky, Baron Skidelsky
Bankers were scapegoats for the whole Reagan-Thatcher era, which exalted finance and humbled industry, and which had allowed the fruits of progress t…
What would've happened, do you think, had the government not intervened in October 2008? The catastrophe to the economy would've been absolutely unbe… - Robert Skidelsky, Baron Skidelsky
What would've happened, do you think, had the government not intervened in October 2008? The catastrophe to the economy would've been absolutely unbe…
Hayek became in his later years the dominant intellectual influence of the last quarter of the twentieth century. - Robert Skidelsky, Baron Skidelsky
Hayek became in his later years the dominant intellectual influence of the last quarter of the twentieth century.
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