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The neoclassical dogma of diminishing returns is completely wrong - success begets success and wealth begets wealth.

— David Orrell The Other Side Of The Coin (2008)

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More quotes by David Orrell

Perfect order is boring, perfect randomness is boring, but complex systems are interesting.

The Other Side Of The Coin (2008)

Orthodox tools based on a normal distribution therefore fail exactly where they are most needed, at the extremes.

The Other Side Of The Coin (2008)

The market can quickly seize up. Prices don't adjust in a smooth continuous fashion, but instead abruptly reconfigure themselves, like the earth's crust during an earthquake.

The Other Side Of The Coin (2008)

For even money itself has no value if there is no network of people to recognize it.

The Other Side Of The Coin (2008)

A society in which each person is hell bent on maximizing his or her own utility, may therefore have declining overall utility.

The Other Side Of The Coin (2008)

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We spend our lives fighting to get people very slightly more stupid than ourselves to accept truths that the great men have always known.

Doris Lessing The Golden Notebook (1962)

To rank the effort above the prize may be called love.

Confucius

Greatness by nature includes a power, but not a will to power.

Martin Buber Between Man and Man (1965)

The weak shows his strength and hides his weaknesses; the magnificent exhibits his weaknesses like ornaments.

Nassim Nicholas Taleb The Bed of Procrustes: Philosophical and Practical Aphorisms (2010)

Attribution

Quote text and notes from Wikiquote: David Orrell (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.