Thursday, November 5, 2009

The Future of Markets

"Among practical people, the simple message that government should go away and leave business alone has wide appeal to business: and the simple message that greed can serve a constructive social role also has wide appeal to greedy people. The claim that profitability demonstrates, is even the measure of, public benefit relieves people of any worries they might have harboured about the utility of their profitable activities. These worries are not common, but one does encounter them from time to time."

John Kay - Wincott Lecture 2009

in reference to:

"Wincott Lecture"
- The Future of Markets (view on Google Sidewiki)

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