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— Charlie Munger"Economists get very uncomfortable when you talk about virtue and vice. It doesn't lend itself to a lot of columns with numbers. But I would argue that there are big virtue effects in economics. I would say that the spreading of double-entry bookkeeping by the Monk, Fra Luce de Pacioli, was a big virtue effect in economics. It made business more controllable, and it made it more honest."
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In my book ["Reclaiming Conversation: The Power of Talk in a Digital Age], I argue that we're vulnerable to technologies.There's a 40 percent decline in all markers for empathy among college students, with most of it taking place in the past years.
— Judy Woodruff
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You could argue that [the decline of public schools] is one of the major disasters in our lifetimes. We took one of the greatest successes in the history of the earth and turned it into one of the greatest disasters in the history of the earth.
— Charlie Munger
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