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— Nouriel Roubini"If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks."
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Ninety percent of the coaches in the NBA are guards, and there arent very many big men people coaching, I happen to be one of them and when I coached, everybody on my team, including the guards, had a hook shot, so that it was their bail out shot.
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Science chases money, and money chases its tail, and the best minds of my generation cannot make bail.
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