Ultimately a genuine leader is not a searcher for consensus, but a molder of consensus.
Environment and Self-Perception
A human being always acts and feels and performs in accordance with what he imagines to be true about himself and his environment.
Thinking Is Becoming
Limits
Keeping It Simple
So many people think if they just hire somebody with the appropriate labels they can do something very difficult. That is one of the most dangerous ideas a human being can have…. You don’t have to hire out your thinking if you keep it simple.
– Charlie Munger
Humility Is Necessary For Learning
What It Means To Be Creative
What it means to be creative is pretty simple. It’s to do something human, something generous, something that might not work. It has to be all three of those things. You will find creative accountants, politicians, housekeepers and engineers… being creative is to solve interesting problems.
The Economist’s Responsibility To The Maintenance Of Freedom
Economists have a particular responsibility to relate policy decisions to the maintenance of freedom, so that when the combination of special interest groups, bureaucratic pressures, and congressional appetites, calls for still one more increment of government intervention, we can calculate the cost in these terms.
Only A Crisis Produces Change
Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.
– Milton Friedman