... any restriction on liberty reduces the number of things tried and so reduces the rate of progress. In such a society freedom of action is granted to the individual, not because it gives him greater satisfaction but because, if allowed to go his own way, he will on the average serve the rest of us better than under any orders we know how to give. —H. B. PhillipsThe ever excellent Steve Conover.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Saturday, October 27, 2007
Best quote I read today
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