George Will
George Will
George Frederick Willis an American newspaper columnist and political commentator. He is a Pulitzer Prize–winner known for his conservative commentary on politics. In 1986, The Wall Street Journal called him "perhaps the most powerful journalist in America," in a league with Walter Lippmann...
ProfessionJournalist
Date of Birth4 May 1941
thinking order ideas
The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing opinion in the world. And I think that's rather shocking for Americans to hear.
gold investing moments
When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
objectivity investing matter
Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.
disease kind feels
It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out,
country creating issues
By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent.
risk investing portfolios
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
fake-people smear-campaigns tactics
Now that I have called you on your false accusation, you are using additional smear tactics.
breakup real loss
There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the biggest loss would be incurred by Germany. Germans have to bear in mind that, effectively, they have suffered practically no losses so far. Transfers have all been in the form of loans, and it is only when the loans are not repaid that real losses will be incurred.
inspirational force mankind
Mankind's ability to understand and control the forces of nature greatly exceeds our ability to govern ourselves
running trends persist
Once a trend is established it tends to persist and to run it’s full course.
reality self financial
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
investing lending rational
When money is free, the rational lender will keep on lending until there is no one else to lend to.
self investing principles
Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.
lying different would-be
I would be lying, however, if I claimed that I could always formulate worthwhile hypotheses on the basis of my theoretical framework. Sometimes there were no reflexive processes to be found; sometimes I failed to find them; and, what was the most painful of all, sometimes I got them wrong. One way or another, I often invested without a worthwhile hypothesis and my activities were not very different from a random walk.