Now, as anyone who has ever played poker will know, being on the unfortunate end of the statistical noise can be rather painful, so in that sense that observation is relevant. But I think that there are more convincing arguments to be made than a bad roll of the demographic dice, if we want to draw geopolitical conclusions.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes