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LQD: Why God made Economists | 13 comments (13 topical, editorial, 0 hidden)
Re: Pass maths boys (4.00 / 2)
As much fun as armchair psychiatry is, I think it's much simpler: They bet a lot of (in large part borrowed) money. They lost their bets. They are in a position to get the state to cover their bad bets, so they use it.

What's not to like about it from their perspective?

After all, stealing from the taxpayers is a lot easier than proving in a court of law that the guy who sold you a gamy promotion did something that is considered legally blameworthy.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Nov 20th, 2009 at 09:39:43 PM EST
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Re: Pass maths boys (4.00 / 2)
Both and.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Nov 21st, 2009 at 02:11:38 AM EST
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Re: Pass maths boys (4.00 / 2)
Exactly. It's not always cold black and white commercial calculation.

Just ask the Chinese and Japanese how important 'face' is.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Nov 21st, 2009 at 06:02:57 AM EST
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LQD: Why God made Economists | 13 comments (13 topical, 0 editorial, 0 hidden)
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