“Taxes will eventually become a voluntary process, with the possible exception of real estate - the one physical thing that does not move easily and has computable value. The US has a jump-start on the practice, in that 65 percent of local school funds come from real estate taxes - a practice Europeans consider odd and ill advised. But wait until that's all there is left to tax, when the rest of the things we buy and sell come from everywhere, anywhere, and nowhere.” DoeRealMovingValuesLeftWaitingProcessBusinessTaxesSellsFinanceExceptionEstatesPhysical Things Author:Nicholas Negroponte
“In Hollywood the man who cleans your pool is an actor. The man who sells you your copy of Variety is an actor. I don't think there's a real person left in the place.” ThinkingMenPersonsRealActorsLeftHe ManHollywoodSellsVarietyCopiesPoolReal Person Author:Neil Gaiman
“One of the great things about a free market is that it's inherently and indefatigably Darwinistic. Left to its own devices, a free market will eventually weed out the stupid from both 'ends' of the food chain otherwise described as supply and demand. As money is liberated from the hands of the stupid, those who would sell products or services to the stupid will eventually lose their share of the marketplace. Devoid of any 'benevolent' interference from government, the process is gloriously relentless, and cannot help but yield a successively smarter class of participants.” EndsHelpingHandsGovernmentLeftProcessLosesClassShareStupidProductsDemandSellsGreat ThingsChainsDevicesYieldWeedSmarterFree MarketMarketplaceRelentlessLiberatedInterferenceParticipantsBenevolentFood ChainSupply And Demand Author:Edward Britton
“Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.” DoneGovernmentJobsLeftCompanyTalkingCasesMassPaidSellsBunchSellingSavingBrokeDumbBuyingResolutionAssetsLoanSavingsNot TalkingOperatorsPaid OffDumb Things Author:Howard Warren Buffett