

“What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.”
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“And one day we must ask the question, "Why are there forty million poor people in America?" And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy.”
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“Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. ”
― The Affluent Society
― The Affluent Society

“If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to put a rat down his shirt.”
― The Black Swan: The Impact of the Highly Improbable
― The Black Swan: The Impact of the Highly Improbable
Jacob A. Geller’s 2024 Year in Books
Take a look at Jacob A. Geller’s Year in Books, including some fun facts about their reading.
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