January 1, 2009

Lord Kelvin and Being Usefully Wrong

There is nothing wrong with being wrong, only with being wrong for the wrong reasons. Some of the smartest investors, entrepreneurs and scientists get things badly wrong, but the hallmark of brilliance is how quickly they realize their error, as...

Peter Schiff vs. Peak Oil in 2008

I'm sure I'm not the only one who has noticed that with Matthew "Peak Oil" Simmons near-complete disappearance from U.S. media has come the ubiquity of Peter "debt is the problem" Schiff. Both men have their charms, so I'm mostly...
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