People who think they know what is going to happen next are fools. Surprises - or what the brilliant author Nassim Taleb calls 'Black Swans' - are inevitable. Some are likely to be desperately unpleasant too
The essence of the contemporary monetary system is creation of money, out of nothing, by private banks’ often foolish lending. - Martin Wolf
The essence of the contemporary monetary system is creation of money, out of nothing, by private banks’ often foolish lending.
- Martin Wolf
Cultural diversity and cultural change are desirable and inevitable. We are cultural animals, someone without a culture is not human. But the culture… - Martin Wolf
Cultural diversity and cultural change are desirable and inevitable. We are cultural animals, someone without a culture is not human. But the culture…
The notion of the competitiveness of countries, on the model of the competitiveness of companies, is nonsense. - Martin Wolf
The notion of the competitiveness of countries, on the model of the competitiveness of companies, is nonsense.
In order to change the system, we need to change our ideas. - Martin Wolf
In order to change the system, we need to change our ideas.
People who think they know what is going to happen next are fools. Surprises - or what the brilliant author Nassim Taleb calls 'Black Swans' - are in… - Martin Wolf
People who think they know what is going to happen next are fools. Surprises - or what the brilliant author Nassim Taleb calls 'Black Swans' - are in…
There is no room for being creative in today’s business... Except for finding creative ways to be inefficient. - Martin Wolf
There is no room for being creative in today’s business... Except for finding creative ways to be inefficient.
Those who condemn the immorality of liberal capitalism do so in comparison with a society of saints that has never existed—and never will - Martin Wolf
Those who condemn the immorality of liberal capitalism do so in comparison with a society of saints that has never existed—and never will
Sustaining growth is the century's big challenge. - Martin Wolf
Sustaining growth is the century's big challenge.
The four most dangerous words in finance are 'this time is different.' Thanks to this masterpiece by Carmen Reinhart at the University of Maryland an… - Martin Wolf
The four most dangerous words in finance are 'this time is different.' Thanks to this masterpiece by Carmen Reinhart at the University of Maryland an…
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