which they do not control
Ten principles for a Black Swan-proof world http://www.ft.com/cms/s/0/5d5aa24e-23a4-11de-996a-00144feabdc0.html?nclick_check=1, Financial Times, 2009-04-07.
Ten principles for a Black Swan-proof world (2009)
“The average American citizen should have presented to him in a simple and easily comprehended form the truth about the business affairs that affect his daily life as consumer, employee, employer, as investor, as voter. […] There are concrete instances of unfair competition that can be reached under the Federal criminal legislation, and they should be attacked and destroyed in the courts. But the laws should be such that normally, and save in extraordinary, circumstances, there should be no need of recourse to the courts. What is needed is administrative supervision and control. This should be so exercised that the highways of commerce and opportunity should be open to all; and not nominally open, but really open, a consistent effort being made to deprive every man of any advantage that is not due to his own superiority and efficiency, controlled by moral purpose. […] Not only as a matter of justice and honesty, but as a matter of prime popular interest, we should see that this control is so exercised as to favor a proper return to the upright business manager and honest investor.”
1910s, The Progressives, Past and Present (1910)
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Theodore Roosevelt 445
American politician, 26th president of the United States 1858–1919Related quotes
“It should not be a federal crime to charge low prices to American consumers.”
From The Fair Trade Fraud (St. Martin's Press, 1991) http://www.jimbovard.com/Epigrams%20page%20Fair%20Trade%20Fraud.htm
“There are circumstances under which the anomalous should be courted. Ignorance is one of them.”
Part 2, Chapter 7 (p. 123)
Today We Choose Faces (1973)
Source: The Production of Security (1849), p. 22
Walter Dill Scott, "The Psychology of Business - Wages," in: System, (18) (Dec. 1910), p. 610. The first article appeared in XVII
Source: Macky Sall (2021) cited in: " Senegal's President Calls on Africa to Harmonize Oil Legislation https://www.oedigital.com/news/492909-senegal-s-president-calls-on-africa-to-harmonize-oil-legislation" in Offshore Engineer, 16 December 2021.
Source: The Production of Security (1849), p. 22–23.
Twitter account, February 2019
Observations on the Drawing Up of Laws (1774)
when interviewed by Charlie Rose, July 1998 video of the entire interview https://charlierose.com/videos/17662