There is no room for being creative in todayโs business... Except for finding creative ways to be inefficient.
Martin WolfThe essence of the contemporary monetary system is creation of money, out of nothing, by private banksโ often foolish lending.
Martin WolfPeople who think they know what is going to happen next are fools. Surprises - or what the brilliant author Nassim Taleb calls 'Black Swans' - are inevitable. Some are likely to be desperately unpleasant too
Martin WolfThose who condemn the immorality of liberal capitalism do so in comparison with a society of saints that has never existedโand never will
Martin Wolf