The greater the uncertainties of the world, the greater is the possibility that profits would go to venturesome and lucky rather than to logical, careful, fact-gathering individuals.
"Uncertainty, Evolution, and Economic Theory", 1950
The greater the uncertainties of the world, the greater is the possibility that profits would go to venturesome and lucky rather than to logical, careful, fact-gathering individuals.
"Uncertainty, Evolution, and Economic Theory", 1950