Monday, June 1, 2009
The Italian Economy: Day 3
I think my English has gotten a little worse from spending time around non-native speakers - I find myself regularly skipping articles ("the" has fallen out of my vocabulary) and even my writing has slipped a little bit.
One interesting thing - our discussion of the Opel/Magna merger. Essentially it was brokered by Merkel, Obama, and Putin (Russian capital is financing the merger). My professor calls this an example of a mixed economy. To me, it's simply the wrong people getting involved.
Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that which the most ignorant individual can deliberately employ is comparatively insignificant. ~Fredrich Hayek in The Constitution of Liberty