When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Friday, December 14, 2012

"Do you not know with how little wisdom the world is governed?"

Watching Washington grapple with the fiscal cliff, I am reminded of the famous quote by Oxenstierna--

Axel Oxenstierna - Wikipedia, the free encyclopedia: ""Do you not know, my son, with how little wisdom the world is governed?" (in a letter to his son Johan written in 1648, in the original Latin An nescis, mi fili, quantilla prudentia mundus regatur?).[16] Although attributed to Cardinal Richelieu as well, this is probably the most famous Swedish quotation in the English-speaking world. The words were intended to encourage his son, a delegate to the negotiations that would lead to the Peace of Westphalia, who worried about his ability to hold his own amidst experienced and eminent statesmen and diplomats."


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects