The concept of historical necessity is the product of rational thought and arrived in Russia by the Western route. The idea of the noble savage, of an inherently good human nature hampered by bad institutions, of the ideal state, of social justice and so forth - none of these originated or blossomed on the banks of the Volga.
By: Joseph Brodsky
Dont reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a moral hazard, because the bailout absolved the banks bad acts and created an incentive for it to make the same bad loans again.
By: Eliot Spitzer
On privacy issues, its just like hundreds of years ago when people said, I would rather put my money under my pillow than in a bank. But today, banks know how to protect money much better than you do. Today, we may not have the answers to privacy issues, but I believe our young people will come up with the solutions.
By: Jack Ma