by Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
There is a very interesting interview with Niall Ferguson. Actually that was a redundant statement; any interview with Niall Ferguson is interesting. He is a Harvard Professor and author of several popular books on economics (a phrase that normally is an oxymoron) including The Ascent of Money and his latest book Civilization. In an interview printed in the April 28, 2012 issue of Barron’s (article by Vito J. Racanelli, titled “Is America Becoming an Anti-Risk Welfare State?”), Dr. Ferguson is quoted about the “anti-risk culture” that is spreading across the Atlantic from Europe. A particular quote struck me; “Regulations that protect from every eventuality end up being paralyzing …”.
Google has as its mantra “Don’t be evil”. I implore you to adopt “don’t be paralyzing”.
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