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A selection of philosophy texts by philosophers of the early modern period, prepared with a view to making them easier to read while leaving intact the main arguments, doctrines, and lines of thought. Texts include the writings of Hume, Descartes, Bacon, Berkeley, Newton, Locke, Mill, Edwards, Kant, Leibniz, Malebranche, Spinoza, Hobbes, and Reid. Translated by Jonathan F. Bennett.
The Ponzi Factor
and we are also blind to our blindness.”
- Daniel Kahneman
One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything
The belief is, stocks represent value in a company. The truth is, stocks are Ponzi assets because investors’ profits are dependent on the inflow of money from new investors and no one is obligated to pay the shareholders anything.
Education makes the wise slightly wiser, but it makes the fool vastly more dangerous.
― Nassim Nicholas Taleb
Fundamental ideas are easy…
9/11 Justice: Support the Bobby McIlvaine Act
Never forget. Never stop pursuing justice. Support this campaign at AE911Truth.org/Justice. Support the Bobby McIlvaine Act: AE911Truth.org/J...
House bill gives NIH a 3% boost in 2019, to $38.3 billion
Small proposed increase is first step in setting next year’s budget for biomedical agency
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