This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
These capitalists generally act harmoniously and in concert to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel.
But leisure has little to do with one's happiness. To the contrary, I've found that the happiest people have found some cause and they stride through life propelled by a commitment.
Culture makes people understand each other better. And if they
understand each other better in their soul, it is easier to overcome the economic and political barriers. But first they have to understand that their neighbour is, in the end, just like them, with the same problems, the same questions.
You know, it's fashionable right now for people to be cynical. We go in cycles like this and right now a lot of people are saying, 'Oh, America is doing terribly' and 'What are we going to do?'
We want all the Palestinians back in their homeland, and then there can be a fair referendum for people to choose the form of state they want. Whoever gets the majority can rule.
Let the things that happen on the stage be just as complex and yet just as simple as they are in life. For instance, people are having a meal, just having a meal, but at the same time their happiness is being created, or their lives are being smashed up.
The biggest corporation, like the humblest private citizen, must be held to strict compliance with the will of the people as expressed in the fundamental law.
The wage of a people has meaning only when it arises from production. Every increase in production should benefit the whole people and raise the people's standards of living.