Monday, October 19, 2009

Quotes of the day

If you really believe that you’re making a difference and that you can leave a legacy of better schools and jobs and safer streets, why would you not spend the money? The objective is to improve the schools, bring down crime, build affordable housing, clean the streets—not to have a fair fight.--Mike Bloomberg

I tend to focus on those areas which I happen to know a little bit about, like M&A, investment banking, financial markets, a smidgen of non-traditional economics, and industry-standard binomial-lattice pricing models for Star Trek memorabilia.--Epicurean Dealmaker

Africa’s root problem is not a scientific one, and so it cannot be solved by science. Africa’s root problem – including its inadequate infrastructure – lies in its social institutions. Unusually corrupt governments, insufficiently secure property rights, and suffocating restraints on trade and industry make the application of advanced technologies in Africa unprofitable. Solve these institutional problems, and African poverty will disappear even with no further advances in science and technology.--Don Boudreaux

I tell her that I can remember, but everything before Caroline was in black and white, and now everything is in color.--Tony Woodlief

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