In light of the recent devastation in Japan, perhaps its time (again) to acknowledge the limits of our knowledge and pay heed to those constraints when making predictions about nature specifically and complex systems in general (such as economics, world trade, and the environment). While watching yet another dumbfounded scientist babble about how their assumptions read more…
“The perfect inheritance is enough money so they feel they can do anything, but not so much that they could do nothing”
by Warren Buffett