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.”