“When banks extend loans to their customers, they create money by crediting their customers’ accounts.” Quote by Mervyn King
“To set aside one’s prejudices, one’s present needs, and one’s own self interest in making a decision as a director for a company is an intellectual exercise that takes constant practice. In short, intellectual honesty is a journey and not a destination.” NeedsSelfInterestDecisionCompanyPracticeJourneyHonestyExerciseDirectorsIntellectualPrejudiceConstantDestinationSelf InterestIntellectual Honesty Author:Mervyn King
“Global market forces will sort out those companies that do not have sound corporate governance.” ForceSoundCompanyCorporateGovernance Author:Mervyn King
“The underlying intellectual argument for seeking to tax economic rents retains its force.” ForceEconomicTaxesIntellectualArgumentSeeking Author:Mervyn King
“I think the first time you have to change code you’ve written previously, to add features or remove a bug, you realize that you could have done it better in the first place, that you could have found an architecture that would make it easier to transform and grow the code. And this is terribly seductive—you’re not just building a solution to a problem, you’re potentially building a beautiful solution, with ‘beautiful’ here being defined here by an aesthetics of present and future functionality. This can be a trap.” ThinkingFirstsDoneProblemBeautifulFoundGrowsRealizingWrittenBuildingEasierSolutionsFirst TimeAddArchitectureDefinedCodeFeaturesRemoveTrapsBugsAestheticsSeductiveSolution To A ProblemFunctionality Author:Vikram Chandra
“You collect art: you must know that the miniature artists, at the end of careers spent painting the tiniest, most exacting details that no one would ever look at, would often put their eyes out with needles. Too much beauty, yes, but also too much seeing. They were tired of seeing. The dark was safe and warm and comfortable. Blindness was a gift. I still have seeing to do.” KnowsLooksArtStillsEndsEyeArtistDarkCareersToo MuchSeeingPaintingSafeComfortableTiredDetailsWarmBlindnessNeedlesMiniatures Author:Ian McDonald
“Writing is such a singular and lonely occupation. And it's interesting; all of the work that you create is so singular.” WritingInterestingLonelyOccupation Author:James Avery
“The only safe thing is to take a chance.” ChanceInspiringSafeFilmmakerMovieTake A ChanceMovie Director Author:Elaine May
“Each thing is of like form from everlasting and comes round again in its cycle...” FormPhilosophicalRoundsCyclesLastingEverlasting Author:Marcus Aurelius
“The only thing experience teaches you is what you can't do. When you start, you think you can do anything. And then you start to get a little tired.” ThinkingLittlesCan DoTeachTired Author:Elaine May