Tuesday, March 29, 2011

tuesday is video time!



Quothe David Brin: "Hayek was correct that limited knowledge and personal bias stymie any small group from allocating well over the long run... though his followers seem to think this lesson applies only to government bureaucrats and not to a few hundred conniving oligarchic golf buddies engaged in cheating, interlocking directorates and insider trading! Keynes under-rated savings. But when you need him you need him. And he was right more often than not."

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