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It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
Funeral by funeral, theory advances.
Every good cause is worth some inefficiency.
Economics has never been a science - and it is even less now than a few years ago.
Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.
Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes.
An intriguing paradox of the 1990s is that it isn't called a decade of greed.
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