Sunday, February 15, 2009

Quote of the Day

How would Adam Smith fix the present mess? Sorry, but it is fixed already. The answer to a decline in the value of speculative assets is to pay less for them. Job done.

~P.J. O'Rourke in the Financial Times (free subscription may be required)


0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home