I'm actually all in favor of freeing the entrepreneurial spirit - but it turns out, interestingly, that you actually need very strict regulations to free the entrepreneurial spirit.
Charles FergusonBut that's not how most of the people mentioned in this book became wealthy. Most of them became wealthy by being well connected and crooked. And they are creating a society in which they can commit hugely damaging economic crimes with impunity, and in which only children of the wealthy have the opportunity to become successful.
Charles FergusonIt is much simpler and easier to collect and caress the trophies of our democratic inheritance than it is to fashion up-to-date tools with which to work on our current problems.
Charles Ferguson