Markets have built in inefficiencies, serious inefficiencies which are well known. Download Download Share on Facebook Share on Twitter Rotate quotes build inefficiency market
When General Allenby conquered Jerusalem during World War I, he was hailed in the American press as Richard the Lion-Hearted, who had at last won the Crusades and driven the pagans out of the Holy Land. Noam Chomsky allenbyamericanconquer share on social
In November 2007, the White House issued a Declaration of Principles demanding that U.S. forces must remain indefinitely in Iraq and committing Iraq to privilege American investors. Noam Chomsky americancommitdeclaration Change image and share on social
Libertarian socialism is properly to be regarded as the inheritor of the liberal ideals of the Enlightenment. Noam Chomsky enlightenmentidealinheritor Change image and share on social
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency. Bill Gates applyautomationbusiness share on social
Though builders may build, in the main they follow the plans of architects. Teachers teach, but they must have a text. Politicians govern, but only upon the flow of commentary that raises them up or casts them down. Mark Helprin architectbuildbuilder share on social
Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market. Gray Davis companyderegulateenergy share on social
