Why People Have to Make Their Own Mistakes

Found in an Economist article on how a central bank can (or cannot) stop a bank run:

“the ultimate result of shielding man from the effects of folly is to people the world with fools.”

– Herbert Spencer, State Tampering with Money and Banks

0 thoughts on “Why People Have to Make Their Own Mistakes”

  1. This makes more sense today as I am not hopped up on Tylenol PM. I am not reading any further because there’s nothing about me in your blog and I only like to read stories about myself.

    Or Britney Spears.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.