Wednesday, February 20, 2013

Quote of the Day

Courtesy of Robert Kaplan at Stratfor:

"...the most profound lesson of Thucydides and Hobbes is to concentrate on what goes unstated in crises, on what can only be deduced.  For the genius of analysis lies in quiet deductions, not in the mere parroting of public statements.  What starts conflicts is public, and therefore much less interesting - and less crucial - than the causes of conflicts, which are not often public."

Strikes me as the type of comment that applies equally to global conflict as to investment considerations that follow from policy solutions.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...