from cable TV host:

Wether you believe it or not is irrelevant because it is true.

And how do we know it’s true? Because the host says it.
I believe it, so it is. What a way to know.

The Physics of Opinion: the strong force of weak knowledge is forced opinion.

Greed is Good

OR

Greed is God

Columbia scores another point. Edmund Phelps won the Econ Nobel prize 2006. Notable quote:

“It may amuse you to know that my wife and I don’t have a lot of hard assets,” he said. “We don’t own a house and we don’t own a car. We have a few clothes here and there. But don’t misunderstand me. We don’t live a very austere life.”