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Jack Sturtzer, one of my cousins, had gone to art school and suggested that I might be interested in a private school called the Art Institute of Buffalo, and in fact that is what happened. So upon graduation in 1948, I then went to stay with my cousins on Seventeenth Street and enrolled in the program at the Art Institute on Elmwood Avenue.

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Martin Wolf

Sustaining growth is the century's big challenge.

Century, Challenge, Challenges, Growth, Sustaining
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The essence of the contemporary monetary system is creation of money, out of nothing, by private banks’ often foolish lending.

Essence, Foolish, Creation, Private, Nothing, Monetary

People who think they know what is going to happen next are fools. Surprises - or what the brilliant author Nassim Taleb calls 'Black Swans' - are inevitable. Some are likely to be desperately unpleasant too

Ignorance, Inevitable, Surprises, Swans, Thinking, Unpleasant

In order to change the system, we need to change our ideas.

Order, Ideas, Needs, System

Cultural diversity and cultural change are desirable and inevitable. We are cultural animals, someone without a culture is not human. But the cultures we possess vary enormously. Indeed, the variability, over time and space is the great evolutionary advantage of humanity. Instead of changing biologically over millennia, human beings can change culturally over decades

Animal, Space, Diversity, Instead, Animals, Evolutionary

Those who condemn the immorality of liberal capitalism do so in comparison with a society of saints that has never existed—and never will

Capitalism, Comparison, Condemn, Immorality, Liberal, Saint
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