Maximum of an average is necessarily less volatile than the average maximum

“I will set aside the point that I see no special heroism in accumulating money,…”

“If you hear a "prominent" economist using the word 'equilibrium,' or 'normal di…”

“A mistake is not something to be determined after the fact, but in the light of…”

“People focus on role models; it is more effective to find antimodels - people y…”