The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
-F.A. Hayek
-F.A. Hayek
-Written by Thomas Jefferson about John Adams who paid journalist James Thomson Callender to publish it
-The Cincinnati Gazette 1828 on General Jackson
-Congressman Kenneth Rayner on President Franklin Pierce
-John Adams on Alexander Hamilton
-Stephen Douglas on Abraham Lincoln
is a situation found in chess and other games wherein one player is put at a disadvantage because they must make a move when they would prefer to pass and not move. The fact that the player is compelled to move means that their position will become significantly weaker.
-Fyodor Dostoevsky
-Ian Fleming
-Charlie Munger