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The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).

I Am Against Market Fundamentalism. I Think This Propaganda That Government Involvement Is Always Bad Has Been Very Successful - But Also Very Harmful To Our Society.

Sometimes Time Actually Works Against You If You Refuse To Face The Relevant Issues And Explain To The Public What Is At Stake.

The Integration Of Europe Was Very Much Led By A Germany That Was Always Willing To Pay A Little Bit Extra To Reach A Compromise That Everybody Accepted, Because Germany Was So Eager To Get European Support For Reunification. That Was Called The "farsighted Vision," Which Created The European Union.

Increase Your Bets When You Are Confident And Scale Down Your Positions When You Don't Have Conviction.