Wednesday, September 26, 2012
If you're looking for self-help, why would you read a book written by somebody else? That's not self-help. That's help!
In an information-rich world, the wealth of information means a dearth of something else: a scarcity of whatever it is that information consumes. What information consumes is rather obvious: it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it. Herbert Simon, Twentieth century psychologist
Saturday, September 22, 2012
"...it does me no injury for my neighbor to say there are 20 gods or no God. It neither picks my pocket nor breaks my leg." Thomas Jefferson, Notes on Virginia, 1782
Monday, September 10, 2012
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, in consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous and frequently fatal to the banking company which attempts it. Adam Smith, The Wealth of Nations