Charles Hugh Smith says:

[T]he Status Quo is now addicted to unlimited flows of free credit issued by central banks.

If the flow continues, then inflation will destabilize it; if it’s cut off, then rising interest payments will destabilize it.

No matter what policy path is taken, the result is the same: instability and destabilization.

 @6 months ago
#quote #economy 
fancyhands: “If You Don’t Have Time to Do It Right, When Will You Have Time to Do It Over?” (Via)

fancyhands:

“If You Don’t Have Time to Do It Right, When Will You Have Time to Do It Over?” (Via)

@7 months ago with 1 note
#quote 

TOCExpert says:

[TOC Tip12] How many projects are multitasking between? To finish faster? Cut half. http://budurl.com/CCPM #tocot Theory of Constraints @1 year ago with 1 note
#project management #critical chain #quote 

Dr. August Dvorak (quoted in 7 Reasons to Switch to the Dvorak Keyboard Layout) says:

I’m tired of trying to do something worthwhile for the human race, they simply don’t want to change! @1 year ago with 1 note
#quote #change management 

N.N. Taleb says:

If medical schools taught that smoking was good for your health, some (not all) would react. Yet B-Schools still teach financial economics. @1 year ago
#Taleb #quote 

Charles Hugh Smith says:

The weakness of what passes for “leadership” today is not just a matter of bad luck but of the corruption of politics to the point that it only attracts sycophants, moral midgets and sociopaths.

http://www.oftwominds.com/blogjuly11/shape-of-things6-11.html
@6 months ago
#quote #politics 

Stephen Wolfram in http://econ.st/jtvEG8 says:

I found that the best way to do interesting intellectual stuff is to have a company that’s successful enough to pay for it.
@7 months ago
#quote #Wolfram 

N. N. Taleb via Twitter says:

True knowledge is mainly removing junk from one’s head. (Subtractive epistemology)
@1 year ago
#Taleb #quote #knowledge 

N.N. Taleb in Derivatives Strategy says:

You’re worse off relying on misleading information than on not having any information at all.
@1 year ago
#Taleb #quote 

George E. P. Box says:

Essentially, all models are wrong, but some are useful
@1 year ago
#quote