“a very considerable degree of inequality…is not near so great an evil as a very small degree of uncertainty.” Adam Smith on Taxation in The Wealth of Nations quoted by P. J. O’...Read More
“If I win the Nobel Peace Prize, you will know that I have failed.” Tony Blair speaking at the commencement of his Arab/Israeli diplomatic mission as quoted by Jay Nordlinger in his new bo...Read More
“It is relatively easy to default on sovereign debt when a substantial number of the bond holders are foreign.” Niall Ferguson The Ascent of Money...Read More