Will Durant, The Lessons of History
Leo Polovets, discussing a tour of SpaceX headquarters
Faisal Shahzad, Times Square bomber
(Source: The Huffington Post)
Hunter Lewis on the Mises blog, commenting on the skyrocketing cost of college:
Whenever government subsidizes demand without increasing supply, prices inevitably rise, and this was no exception.
Makes sense to me.
Sam Parker on Buzzfeed
Frank Schaeffler of the Finance Committee from the German parliament:
We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money. Bitcoins are a first step in this direction.
And if a US politician said this, you better believe he’d be shot. Or, at least shunned from
the media politics forever.
Rich Hogan, wealth advisor, Merrill Lynch
Few things captivate me more than the direction of labor markets. JIT/on-demand scheduling and extreme cost-cutting measures like increased reliance on temporary workers as well as the tendency to offer few benefits (if any) are impacting real people in real ways every day.
This is a part time position with hours varying M-F 6a-8p.
How shitty is that? Forget about the minimum-wage pay…they own your life.
From my research, this place's practices are the norm, NOT the exception.
US Privacy Study Commission, 1977
Don’t ask me why I was reading this, but it makes reading what is otherwise dry legalese quite entertaining:
Zero Hedge is not a broker-dealer, legal advisor, tax advisor, investment advisor, accounting advisor or children’s party clown. (There seems to have been some confusion that these terms are interchangeable). Relying on Zero Hedge in such a capacity will result in regulatory entanglements, civil and criminal actions naming you as a defendant, severe tax liabilities and liens from the tax authority in your jurisdiction and the horror of lax accounting standards.
Emphasis is mine.