Tuesday, June 22, 2010

Economics is not a science, like physics

Books of Account
The Sages
Charles R. Morris
( http://www.landmarkonthenet.com/)

Lessons from three market masters

The current global economic debacle has discredited almost all the captains of the finance industry, the regulators of most nations, and the gurus in academia, observes Charles R. Morris in The Sages. But the three ‘sages' — George Soros, Warren Buffett, and Paul Volcker — stand taller than ever, he adds. “There is a lesson there, and one hopes the world will learn it.”

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