No two wars are ever the same. Some are just, some are unjust, but the basic commonality shared between them all is that young men and women heeded a call to service, overcame their fear, and fought for their side. ↗
Nothing is worse, or more of a breach of the social contract between citizen and state, than for government officials, bureaucrats and agencies to waste the money entrusted to them by the people they serve. ↗
Seventy years ago this November, Vladimir Lenin created the modern totalitarian state, transforming simpler forms of tyranny into history's most sophisticated apparatus of rule by terror. ↗
My optimism is not based primarily on the successful march of democracy in recent times but rather is based on the experience of having lived in a fear society and studied the mechanics of tyranny that sustain such a society. ↗
What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers. ↗